Wall Street, the Vatican, the Eiffel Tower and more

According to Deutche Bank, solar is cheaper than the residential price of electricity in 14 American states. This is an important milestone, which observers commonly call “grid parity.” This means that from the start, installing a solar system can save you and your business money. Furthermore, according to the Federal Energy Regulatory Commission wind and solar installations accounted for all the new utility-scale generating capacity placed into service in April 2015. More alternative energy has been installed in the last 4 months than in all twelve months of 2014. At a meeting in New Orleans yesterday, Elon Musk said, “the primary means of energy generation is going to be solar… It will at least be a plurality, and will probably be a slight majority in the long term.”

UBS analysts wrote that they expect solar capacity to triple between now and 2025, and again between 2025 and 2050 to eventually become “the default technology of the future to generate and supply electricity.” At Lionshead Energy we design custom solar arrays and financing options to best fit your business’s needs. By installing solar you save money on your electric bill, you cut your carbon footprint, and you gain some independence from your utility company. Some of the most famous buildings in the world have installed renewable energy. The Eiffel Tower and the Vatican both have impressive renewable energy systems. Furthermore, by 2016, the U.S. will be generating enough solar energy to power 8 million homes. That means solar will offset 45 million metric tons of damaging carbon emissions -- the equivalent of removing 10 million cars from our roads and highways. Portland’s Edith Green/Wendell Wyatt Federal Building just finished an incredible renovation, including the installation of a very impressive and quite aesthetically appealing solar array on the roof! They hope to recuperate renovation costs through energy savings, estimated to be approximately $280,000 annually.