Solar energy is taking off. In the first quarter of 2015, solar accounted for half of all new electricity production in the United States. That's great news for consumers, because a good deal of that energy is generated by residential solar panels, which reduce the amount that homeowners pay for electricity. These sun-loving panels aren't just for experts and electricians – they are becoming ever-more accessible to the average homeowner. Read on to learn more about how the industry is heating up and how you can come along for the ride.

Prices Falling, Installations Rising

Solar, as well as its renewable energy cousin, wind, are poised to produce an ever-increasing share of the nation's energy in the upcoming decades. That's game-changing for the environment, because neither source requires fossil fuels to produce. Furthermore, an economy based on renewable energy should theoretically reduce destabilizing fluctuations in energy prices because the fuel for wind and solar is free, unlike coal, oil and natural gas.

The trend is already picking up steam. The residential solar market grew by 76 percent this year compared to the first quarter of 2014, according to a report by Solar Energy Industry Association (SEIA) and GTM Research. About 645,000 homes and businesses across the nation are hooked up to solar, according to SEIA, and the installation price has fallen by 73 percent since 2006. At the projected rate of growth, the nation's capacity could double in as little as two years.

An Electrician's Dream Come True

The data give “a clear glimpse into the future role that the residential sector will play as a primary driver of not only solar market growth, but the overall electricity generation mix,” Shayle Kann, Senior Vice President at GTM Research, said in a press release. “In the first quarter of this year, the U.S. installed more residential solar than natural gas, and solar on the whole accounted for 51 percent of all new electric generating brought online. We expect more than three million residential solar installations over the next five years.”

Consumer engagement is another reason for optimism. As homeowners take proactive steps toward controlling their own energy through solar, experts expect that people will also take an interest in other efficiency technologies like electric cars, smart homes and energy-efficient appliances.

Sign Up for Solar Today

Homeowners have multiple options available to help them invest in solar energy on their property. Federal tax credits will refund up to one third of installation costs through the end of 2016. Furthermore, companies like Direct Energy Solar are offering leasing options so that consumers can enjoy the savings from solar panels while fronting none of the up-front costs. If you’re interested in taking the plunge, call up an electrician or solar specialist who can assess your house for suitability and walk you through your options.

As a car dealership owner, manager, or even sales member; you know that getting the cars out (along with in) is one of the most vital points in your business.

On top of that, keeping the expenses as low as possible to simply operate will allow you to take home more income, rather than spending it on things that are just going to waste (like energy usage).

A good example that will resolve these issues and both increase overall revenues along with decrease expenses is in your lighting. More specifically, LED vs metal halide and HPS.

This brings two major cost saving benefits.

First, it allows you to by 2-3 times less replacement lights since you won’t need to replace burnt out lights as often (because they simply last longer).

Additionally, by reducing the amount of time you need to spend replacing burnt out lights you also get to reduce the amount of time you have to pay someone to switch out and even maintain your new lighting system. This in turn gives you a “two for one” benefit with less buying of replacement lights along with reduced costs associated with hiring someone to maintain your lighting system.

LED offers various ways that it outputs higher quality light (along with operates in a higher quality “way”).

For starters, LEDs will never flicker nor buzz unlike other luminaires do. This issue in and of itself will make your lot look low quality, unprofessional, and even annoying for those walking around the lot.

You have seen it on the news and have probably noticed a neighbor or two making the transition to solar power. Is it right for you? Can you reduce your electric bill by relying on the sun to give you electricity? The short, quick answer is yes. Yes, you can make the move to solar power with the help of an experienced Beverly Hills electrician like those at The Electric Connection. Solar power is a feasible option to help offset your reliance on the power grid.

Solar power doesn’t look like it did 10 years ago. Today, the panels are mounted right on the roof of your home and can be purchased in a variety of styles and colors. The panels will be used to capture the sun’s rays, before being transformed into electricity and sent to your electric panel for you to power your home. And, you don’t have to worry about “running out” of electricity with your solar power system. You will remain connected to the main power grid as a backup plan.

You will want to discuss the size of your solar power system with your electrician. Beverly Hills residents who want to start out small and slowly work their way up to a bigger system capable of producing more electricity can certainly do that. There is a small learning curve as you learn to conserve energy, but it will ultimately save you quite a bit of money on your monthly electric bill. You don’t have to worry about spending a great deal of money up front to have one of the solar power systems installed. There are lease options and payment plans available through a number of different manufacturers. There is really no reason not to give solar power a try today. Give the team at The Electric Connection a call today to learn more about solar power.