Solar

The sun’s rays are the most abundant source of energy in the intermountain west and the economics of harnessing solar power are quickly growing more favorable. Solar energy can be converted directly into electricity through photovoltaic panels which are an increasingly appealing means of powering remote rural applications such as stock watering systems and electric fences, as well as a way to generate power for homes. Solar thermal applications based on using the sun to heat water are also experiencing a resurgence.

Large solar plants in remote areas that concentrate the sun’s power to generate large amounts of electricity may be feasible in many rural parts of our sunny region, and favorable federal policies could spread their development. In Colorado, the renewable energy initiative passed in 2004 has resulted in incentives and credits which, when coupled with federal tax credits, make residential solar installations roughly half as expensive as they were the year before.

Solar installations are expected to continue booming. A recent report found that in 2005, the solar sector grew 44 percent, with a 149 percent increase in profits. The “Solar Annual 2006’’ report projects production growth of six-fold in the next five years.

Predictable and consistent federal incentives for both individual and concentrating solar systems would spur development throughout the intermountain region.

Resources
American Solar Energy Society
Solar Energy Industries Association
Renewable energy experts: www.findsolar.com
Western Governors Association Solar Initiative