The state of solar power in Hawaii began to decline when the state’s net-energy metering program ended nearly 2 years ago. Under this program, solar energy users were able to get equal credit for both the energy they used, and the excess energy they exported to the Hawaiian Electric Company. When this popular program ended, the solar power industry in Hawaii saw a significant decline. The number of solar projects declined, as did employment, according to the Hawaii Solar Energy Association. However, a recent executive order concerning energy in the U.S. could open the doors for the solar industry once again.
President Donald Trump recently signed an executive order calling for America’s energy independence, which could benefit the nation’s solar industry. Despite the fact that President Trump’s order centers on the production of more fossil fuels and coal for the U.S., the move could also create a more competitive market for solar and other clean energy resources.
While the coal industry in the U.S. is a longstanding one, it is small, whereas the solar industry has 123 companies in Hawaii, alone. In fact, according to an article in Fortune, there were twice as many solar power workers as there are coal miners in the U.S. in 2014, and since then the solar industry has grown nationally.
Hawaii has been attempting to gain energy independence from imported oil for some time, and this move could help. Not only could this order create a more competitive climate for companies, but the growth of the industry could undoubtedly lead to more solar jobs.
The development of new battery technology for solar could also benefit the industry. Rather than returning extra energy to the grid, battery technology allows solar users to store energy on the battery, where it can be tapped into whenever the consumer needs it. This new technology is the epitome of energy independence, not only nationally, but for the state, and even the individual consumer.
While this technology is still new, the hope is that the purchase of these batteries will soon offer rebates or tax credits as an enticement. If these enticements do go through, they could act as an additional boost to the solar industry.
If you are interested in switching to solar power, updating your solar power, or purchasing a solar battery, RevoluSun can help. We offer a variety of financing options, 24 hour emergency service, and we have experience as the contractor for more than 7,000 homeowners. Help protect the environment, and save money while you’re at it, by switching to solar, today.
For more information about the state of the solar industry in Hawaii, click here.
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