Recent revelations show that the Caribbean is sat on a haven of renewable energy opportunities. Sadly, residents are struggling to utilise them due to the high cost of installations.
As a leader in renewables, the UK Government are proposing to slash solar energy subsidies for small solar farms and apply carbon tax to green energy in a bid to save the population money on their energy bills.
As it stands, 670,000 UK homes have solar panels installed on their roofs, along with thousands of businesses, farmers, schools and community groups. This produces 7-8 GW of power and at its peak generates around 15 per cent of UK electricity demand.
According to the Solar Trade Association, “the UK has enough solar to power the equivalent of 2.4m homes.”
So with this in mind, what are the further benefits of solar energy and why are we working against it?
Sustainable and Renewable
Not only is solar energy sustainable, but it is renewable which means that we will never run out of it. As the most natural source of power that generates electricity, it has less of a negative impact on the environment.
Reduces Carbon Footprint
The installation of solar panels ultimately reduces the environmental impact through saving carbon emissions.
Saves and Makes you Money!
Sunlight is free, which means that you save money on your energy bills.
You can also sell electricity back to the grid if you’re producing more than you need, as well as getting paid by the Government regardless of whether you use the electricity through the UK’s feed-in tariff scheme.
Once the initial installation process is complete, the panels require little maintenance!
The Government says that the move against solar is necessary in order to protect consumers. Subsidies and the feed-in tariff are to be reviewed in order to evaluate value for money; the annual bill for green subsidies, paid for by households on their energy bills, was forecast to hit £9.1 billion by 2020 ultimately breaching the £7.6 billion spending cap set. This overspend would add £20 to an annual household bill.
Protecting the decision, Energy Secretary Amber Rudd stated that “In the winter, at the moment, solar doesn’t really deliver much electricity.”
Conceding that subsidies to the nuclear industry would exceed those going to solar, she said that nuclear provided “a different type of electricity”.
According to the Solar Trade Association, the solar industry accounts for just 6% of funds paid out under the renewables obligation, stating that the subsidies were one of the cheapest ways in which the Government could meet its climate change targets.
The installation of solar panels is a long term investment, and whilst businesses are soon to be affected by the changes stated in the Budget, homeowners will be slower to see a great impact.
– See more at: http://www.mcleanross.com/blog/what-are-the-benefits-of-solar-energy–blog-52362411344#sthash.JUBjrP5i.dpuf