Is Solar a Good Investment for Your Next Build?
Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with your construction bond needs. Is Solar Power a Good Investment? Solar energy is a booming industry. It will continue to grow rapidly as more states require new builds to incorporate solar technology to reduce carbon emissions from power plants using fossil fuels to generate electricity. States like New York and Illinois have passed laws establishing clean energy requirements for a certain percentage of electricity to come from renewable sources by a given date. But is solar power a good investment? Read on to find out. High Demand for Solar Systems The demand for solar power is growing even in states that have not yet passed clean energy laws. Consumers purchasing newly constructed homes or looking to have one built for them are eager to take advantage of solar power’s tax advantages and other financial benefits. Demand is also increasing in the commercial sector as more companies seek to demonstrate their commitment to renewable energy and increase their appeal to those seeking investments in environmentally and...
Read more