For nearly two decades, the United States has had a consistent demand for power. Unfortunately, electrical utilities are projecting a virtually doubled cost of power by 2028, so the steady demand for energy is no longer a reality.
why is energy demand rising?
The trend of working from home has become more prevalent than ever before, along with online shopping and streaming increasing in popularity. This increase in online activity has led to the construction of more data centers across the United States. While data centers are the solution to balance the rise in cloud-based technology and online activity, they require buildings. Therefore, more buildings mean more land, cooling systems, and power to support the physical infrastructure that runs 24/7.
Another reason behind the rise in power demand is federal incentives rolling out to support infrastructure development and stimulate manufacturing. These incentives are resulting in the construction of more buildings and warehouses. As we know, the more buildings there are, the more energy is required to maintain them.
At the same time, millions of Americans are buying plug-in electric vehicles. Of course, this adds to the higher demand placed on our grid. Similarly, federal incentives are also responsible for the increase in electric vehicle ownership. Given our government campaigns to promote a more sustainable future, the number of families owning electric vehicles will continue to grow. As a result, the growth of electric vehicle ownership ultimately leads to higher electricity demand.
what will be the result of increased demand?
In reality, if the growing demand fails to be tamed, areas across the United States will face the risk of blackouts, according to a recent report by the North American Electric Reliability Corporation, which monitors the health of the nation’s electric grids.
There has to be a way to meet or mitigate this surge in power demand, right?
How can you help combat the rising demand?
The first step towards energy independence is to produce power through solar. By going solar, homeowners can reduce their reliance on the utility company and take power ownership into their own hands. Not only does it reduce fuel consumption, but it also increases power density and eliminates carbon emissions. Producing your own power through solar is a ton more affordable than purchasing electricity from a power company.
find out if solar is right for you
Solar power provides an effective solution for relieving our nation’s increase in energy demand. Whether you are ready to make the switch or are at the beginning of your solar journey, we’re here to answer all your questions! Contact us!
