The downturn of the COVID-19 that negatively affected since the beginning this year, the global economic climate hasn’t gone without leaving behind valuable lessons. For one, it was made clear to us the form of energy that can sustain our future during the pandemic. Due to COVID-19 and future pandemics’ uncertainty, homeowners have started learning the advantages of having energy independence, and solar can help you become energy independent.
Changes in Energy Demand during the Pandemic
According to the report obtained from the International Energy Agency last month in the US, renewable energy comprises a greater share out of all other energy methods than it did before the COVID-19. Although the increase in the use of renewable energy shown in the statistics is only 3-5%, it can be seen that the smartest consumers understood how solar power installation affected their finance. Although 3-5% is a small percentage, remember that everyone relies on electricity to survive, making that percentage a significant figure.
The decrease in Electricity Demand since COVID-19 Began
Despite the emergency of the work-from-home economy, the overall electricity demand has decreased. One possible reason for the decrease in electricity demand is that the end-users are aware that utility companies in the business of coal-based power (that has been scarce for a while) are selling an increasingly expensive commodity. For this reason, coal-based power end-users have found it hard to justify the larger power bills they were given. Since renewable energy installation like solar power installation in Adelaide doesn’t cost much to produce, manage, and operate, its demand increased.
How the Electricity Demand Curve Gets Flattened by the Work-From-Home Economy
Reliance on coal-based power has dropped because about half of the employed economy relies on the “work-from-home economy.” Although partially solar-powered businesses contribute to a huge portion of the GDP, a comparable amount is produced from homes in the country powered by solar energy. Although residential solar power installation by solar panel companies isn’t skyrocketing, the pandemic brought on the work-from-home economy that has now been tested, thereby making all the points the solar salesmen weren’t able to point out in their presentations until March 2020 concrete.
The reliance of the electricity on renewable energy like solar power during the pandemic period should get coal-based power homeowners to accept the most cutting-edge renewable energy source, solar energy. The first step towards energy independence is contacting a solar panel company to install a solar panel in your home, but the second step will require you to get some form of battery backup so that you can power your home during an outage.
Tiers of Energy Independence in the Context of COVID-19
Due to the traditional electricity price increases during COVID-19, the next step for homeowners to the continuity of power and peace of mind is understanding the energy independence tiers that are best measured in 5 solar power levels.
Tier 1: How Homes Were in the 1880s
Since the Industrial Revolution in 1880, homes in the country have been coal-powered, and sadly the majority of homes are still coal-powered even after 140 years. This is to say that homeowners are completely reliant on all the utility company’s erratic decisions.
Tier 2: Solar-powered Home
With a solar-powered home, you can meet the occupants’ historical usage patterns because of the arrays installed to generate enough energy. However, the situation remains similar to the Tier 1 homeowners because these solar systems don’t store the excess power their panels produce.
Tier 3: Solar and Battery Backup
Solar and battery backup is important because that excess solar power produced by the home’s array, usually left unused during the Tier 2, will be stored in a home battery for use during an outage.
Tier 4: Solar-Powered Home with Battery Backup and EVs
Solar-powered homes with battery backup and EVs make it almost as futuristic as it can get when it comes to renewable energy. However, homes that have only achieved an Energy Independence level of up to Tier 4 are on-the-grid.
Tier 5: Off-grid Homes
Owning an off-grid home means that you’re completely independent of the grid and trust your own economic decisions. Although homeowners with battery backup and EVs are prepared for an outage, they’re not in off-grid homes unless their solar equipment breaks or malfunctions.
Why Transitioning to Solar During the Pandemic Is a Good Time
If you’re a homeowner and your employment is stable, now is a great time to reduce your costs of living and add value to your home at the same time.
To find our what hot deals our team has on solar in the market today, contact us and we can provide you with a free, no obligation quote.