Green Energy Companies

The evolution from traditional energy sources to clean, renewable energy is a growing enterprise for companies around the world. Giants such as Duke Energy and GE along with the organizations like Solar Electric Power Association, Clipper Windpower and BioEnergy Solutions work to improve the environment while creating jobs and advancing technology.

History

Green Energy Companies previously focused primarily on manufacturing large scale energy solutions for commercial and industrial use. In recent years, the focus has diverged into small scale solar panels and wind generators for individual homeowners. As we continue to explore green energy alternatives, bioenergy development will play a larger role as a gasoline and electricity source. The USDA website states, "Biofuel derived from plant materials is among the most rapidly growing renewable energy technologies."

Function

As green energy technology advances, the market is opening for both commercial and residential applications. In addition to providing green energy systems, the market is expanding for companies such as Green Mountain Energy and who sell renewable green energy to consumers. Community energy programs designed to market alternative, renewable energy help free a growing number of cities and towns from traditional coal- and oil-based fuels.

Significance

Relieving our reliance on fossil fuels has global significance. Companies choosing to develop green energy do so for profit as well as for future generations. Windustry.org sums it up: "Wind power can be a cornerstone of that sustainable energy future because it is affordable, provides jobs, substantial and distributed revenue, and treads lightly on our environment without causing pollution, generating hazardous wastes, or depleting natural resources." Recently, New American Media reported that the nations' first major utility company, Pacific Gas & Electric, is investing in large-scale solar energy solutions.

Misconceptions

Owning a wind-generated turbine or installing solar panels is not as expensive as you may think. Homeowners across the country are discovering how cost effective green energy can be. Prices for personal wind turbines range between $3,000 to $5,000 for every kilowatt, about $40,000 for a 10-kilowatt system installed, according to the American Wind Energy Association. Solar panel home kits begin around $8,000. This cost is likely offset by rebates and tax considerations, which vary by state. Zoning permits and fees applicable to installing green energy will differ by county. Make sure to contact your local zoning office for any specifications.

Benefits

Companies with the vision to advance green energy are positioned to enjoy the growing demand for this resource. As demand intensifies, our existing utility companies will feel the pressure to incorporate renewable energy as part of their power supply mix, benefiting the consumer and the environment.

Resources

• Green Energy Businesses by State