What is solar irradiance and why does it matter? In very simple terms, solar irradiance is the amount of sunlight that strikes an area on the earth. We use it to determine how much electricity a solar panel can produce over the course of a year. Photovoltaic (PV) Solar system designers are able to predict with a 99% accuracy of how much electricity their solar systems will produce for you. The image indicates that the desert southwest are of the US is primarily the best location for solar electricity production in the US. However, even if you do not reside in this area you are still an excellent candidate for solar electricity for your business. States like New York, Massachusetts and New Jersey are quickly adopting renewable energy like solar at a rapid pace. Why? Because these states actively incentivize solar in order to ensure adoption of the technology. Why? Because it’s cheaper and more reliable than traditional sources of fossil fuel sources like coal. States like these are moving towards sustainable energy generation and energy storage to ensure they have energy security, cleaner environments (less pollution) and most importantly economics.
A recent Lazard study argues that one-megawatt solar power now cost half its coal equivalent. Lazard’s latest annual Levelized Cost of Energy Analysis shows a continued decline in the cost of generating electricity from alternative energy technologies, especially utility-scale solar and wind.
Solar electricity is a safe, reliable investment that you can use to provide power for your grow operation. There are Federal and State Tax Credits that you are able to take advantage of when going solar. Call today at 480.636.0321 to learn how solar will work to power your business for the next 20 years.