From Guest Blogger Laura Williamson: Solar Splendor – Five Ways Solar Power is Changing the Energy Market

Solar power was the fastest-growing source of new energy worldwide last year. Deemed as the “new era” in power generation by energy experts, solar power is leading the charge in revolutionising the currently outdated energy market.

As solar power continues to spearhead the charge toward renewable energy, there is no better time to try AGL solar for solar power. Read on to find 5 ways that solar energy is changing the energy market, impacting how you will consume your energy in the future.

1. Reducing Harmful Emissions

Traditional electricity that is sourced from fossil fuels including coal and natural gas, emit harmful gases that are the primary cause of air pollution and global warming. This pollution has also been linked to diseases such as cancer, heart attacks, neurological damage, as well as breathing problems and a myriad of other health concerns.

Solar power systems derive pure and clean energy straight from the sun. Installing solar panels in homes or office helps in the global fight to reduce greenhouse gas emissions and reduce the world’s overall dependence on fossil fuels. Solar energy is now deemed one of the most important solutions to the global warming crisis.

2. Energy Independence

With energy prices reaching record highs, energy independence is particular important for consumers. Once you have solar panels on your roof, you have an essentially independent source of electricity.

Unlike other forms of energy, solar energy cannot be monopolised. This provides the major advantage of energy security for consumers.  Non-renewable energy sources are depleting, providing consumers with uncertainty over access to the energy, and the price of the energy in the future.

3. Affordable Energy

Whilst initial installation fees are expensive, In the five years between 2008 and 2013, the cost of solar panels fell by over 50 percent.  As you create your own energy, you use less from the power grid, drastically cutting down your power bill. In most States and Territories you can even sell excess electricity back to the power grid, providing you with added cash if your panels generate more electricity than required. An energy source that provides opportunities for consumers to make money and recycle unused energy? Before solar energy, this was unheard of.

4. New Employment Opportunities

The shift toward solar energy has created thousands of new jobs in exciting new sectors. In fact, money invested in solar power creates two to three times more jobs than money invested in coal or natural gas. Experts estimate that solar and wind jobs are growing at a rate 12 times faster than the rest of the US economy.

Solar energy has revolutionised the jobs available within the energy market. With a focus on scientific research and development, solar energy has opened the doors for many professionals seeking an opportunity to revolutionise the outdated world’s outdated energy schemes.

5. Sustainable Development

Efficient energy usage is one of the primary goals of sustainable development, and solar energy is one of the most important aspects of this pursuit. Sustainable development places value on the resource that goes beyond the immediate financial gain, ensuring that we do not deplete our resources faster than they can be replaced.

Each year, the global reliance on solar power increases, as individuals recognise that the current energy market is unsustainable for our future generations.

It is estimated that the Earth receives over 173,000 terawatt of energy every year, more than 10,000 times what humanity needs. Solar energy is leading the charge in harnessing his natural energy, to power innovation and discovery. As the dominant source of renewable energy, solar energy is set to change the future of the energy market forever.