As solar energy become increasingly popular, more builders and homeowners will be looking to using this source of energy. Builders in states with lots of almost year-round sunshine should be paying attention to the green construction revolution. There are some noticeable trends in the solar energy that are worth keeping an eye on. These trends are an indicator of what to expect.
The rise and fall of solar
One interesting feature is that the use of solar seems to rise, peak and then slow down. However, the slowdown in use of solar in construction is not normally permanent, as he use eventually rises again.
Installation of panels as a standard
Building houses with solar panels will become the norm rather than the exception. This will give builders an edge when it comes to competing in the housing market. Central Florida with its steady sunshine is a prime location for using solar energy.
With the improvement in technology, solar panels will not only be cheaper, they will be much easier to install. Modular lightweight systems with fewer components will mean that you or your customers can easily have solar panels up and running quickly and at a lower cost. Add to this, the development of panels that can be installed in other areas than just the roof, and you have a market to conquer if you roll with the trend.
More affordable storage
With the improvement in backup batteries, homeowners can now afford to improve their solar generating efficiencies by investing in batteries if they have sufficient space in which to store them.
Of course, there are some possible negatives to be on the lookout for as well. The two main ones are the possible loss of tax credits and the consolidation of solar panel providers as prices plunge and demand tapers off. These could have an effect on how the construction industry sells and market solarization as an energy source. The fact that the current US administration is cutting climate change from its agenda could also affect other sectors in the green construction sector such as solar. All of these changes could result in a reduction in your profit margins as incentives for solar energy implementation falls.
If you are in the building construction business, it makes sense to keep abreast of happenings in the solar and green construction environment. Being informed will help you keep abreast of the competition. Give us a call at 407-316-8544 to discuss your upcoming project or to request the services of one of our construction project managers.