Green cost to go green Research Paper Example | Topics and Well Written Essays - 3750 words

Green cost to go green - Research Paper ExampleNone of the three is renew satisfactory and they also pose peachy dangers to the environment (Hargreaves). Although there is no fixed computation, different sources estimate another 50-120 years of supply of these sources of vim (McLamb). These could go shorter if the dependence accelerates. This is the primary reason that makes it critical for bothone to develop renewable sources of muscularity. Just like both revolutionary idea, renewable sources of energy atomic number 18 getting their fair sh ar of criticism such as the high cost of initial installation. In the United States, mom is one of the States that are vigilant in pushing the growth of renewable energy sources. Solar panels, wind turbines and geothermal energy are the acquit three sources that are being developed. Below is critical examination of the current state of renewable sources of energy, legislations that are helping push it forward and the costs and savings tha t each source requires. Solar Panels Traditional energy sources are slowly dwindling away, which one of the main reasons for sky rocketing energy bills experienced by most(prenominal) resident in Massachusetts. As a way to overcome this financial debacle and also to uninjured guard the energy needs of the nation, the government has look for ways to establish more cost efficacious and renewable energy sources for the residents of Massachusetts. ... Current State of Solar Energy Solar power installation figures in Massachusetts are around 2,000 solar panels, which generate around 22 megawatts of electricity. Those figures are impressive exclusively not big enough compared to the target the government has set for itself according to its energy portfolio banner. An energy portfolio standard is a regulation which seeks to increase the production of energy from renewable energy sources like solar, wind, geothermal, etc. The Massachusetts renewable energy portfolio standard (RPS) was created to legislate the restructuring of the electric utility industry. In the year 2003, the RPS required that 1% of electricity in Massachusetts should be generated from renewable energy sources. Thereafter, the percentage should increase by 0.5% every year up to 2009. After that, the annual percentage increase should be 1%, until suspended by the Massachusetts Division of Energy Resources (DOER). With those types of targets in mind, the government would like to increase from the current production of 22 Mw to 400MW by the year 2020. This is quite a tall order to meet, and one the solution that Massachusetts has been able to use, is the establishment of the Common Wealth Solar Rebate Program. This program provides rebates through a non-competitive application bear on for the installation of solar (photovoltaic) panels, done by professional, licensed contractors at public, commercial, institutional and industrial facilities. Eligibility is limited to soldiery customers and proje ct sites, located in Massachusetts and be a customer of either a municipal lighting plant or a Massachusetts electric distribution utility. Under this program, there are several rebate systems that encourage both utility