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Energy Insider – 2nd Quarter 2022

Renewable energy is beneficial. Advocates believe in harnessing the natural environment to produce electricity for our everyday lives. You may have heard that renewable energy doesn’t harm the planet or nature or contribute to climate change. Is that really the case? This article aims to shed light on not only the benefits, but also some of the prevailing consequences of renewable energy. To have an open dialogue, we must understand that everything has advantages and disadvantages. This article is not meant to support or oppose either side of the energy debate but rather to show the pro et contra (pros and cons) of renewables and the factors to consider when reviewing this type of generation.

 

Pros and Cons of Renewable Energy SECO Energy Insider Q2 2022

 

Solar photovoltaic (PV) technology began in the mid-1800s and has continued to develop. A technology with zero moving parts that generates electricity is a scientific marvel. Today, you find houses and businesses with rooftop solar or solar fields along highways in Florida with hundreds of panels occupying acres of land meant to produce electricity. Utilities, businesses, and homeowners alike can invest in the energy source and upfront the cost of electricity production. When the sun rises and shines on the solar panel system, it produces electricity. It subsidizes a portion of and sometimes meets daily energy needs. In most cases, minimal maintenance is required after installation. Monitoring systems are available to track hourly, daily, monthly and yearly energy production.

 

The concerns about solar PV systems are multifaceted. Environmentally speaking, harmful substances such as lead, cadmium, silicon tetrachloride and other chemicals are used to produce solar panels. These are not only toxic to humans but are environmentally unhealthy as well. Mining raw earth for toxic elements exposes miners to dangerous substances as well.

 

The top concern environmentally, however, is disposing solar panels after they have reached the end of their useful life. Recycling this product is a task that is discussed more often as more systems are being sold and installed globally. The International Renewable Energy Agency (IRENA) indicates that the total waste could be up to 78 million tons by 2050. This doesn’t mean that recycling these materials cannot be done beneficially. Still, rather solar recycling is not economically viable at this point.

 

Another concern about PV systems is their efficiency. In general, solar PV systems are 15 – 22 percent efficient. This leaves a lot of room for improvement. The sun does not shine all day; some days, it may not shine on the solar panels due to cloud coverage. We lack the ability to control the amount of sunlight on solar panels. Because of this lack of control, we must explore other means to produce and/or store energy to fill in the gaps and compensate when production is at a minimum.

 

If you choose to incorporate PV generation in large-scale power production, our advice is to design the system as a supplement and not the main producer. A solar system without utility-backup is only feasible if batteries are used as a storage system for excess energy produced during daylight hours. This will create another set of factors for consideration.

 

Instead of planning to use renewable energy as a sole means of production, it is best to diversify your approach. Renewable energy has advantages and disadvantages. Weigh the cost benefits and the cons of renewable energy before moving forward.

 

 

Jeff Light, SECO Energy Key Accounts Consultant

JEFF LIGHT

Manager of Key Accounts & Revenue Programs
OFFICE: (352) 569-9787
CELL: (352) 250-2863
jeff.light@secoenergy.com

Hank Bolduc, SECO Energy Key Accounts Consultant

HANK BOLDUC

Key Accounts Consultant
OFFICE: (352) 569-9789
CELL: (352) 303-3546
hank.bolduc@secoenergy.com

Ryon Meyers, SECO Energy Key Accounts Consultant

RYON MEYERS

Key Accounts Consultant
OFFICE: (352) 569-9781
CELL: (352) 636-9593
ryon.meyers@secoenergy.com

SECO Energy Key Accounts Consultant Dustin Merritt

DUSTIN MERRITT

Key Accounts Consultant
OFFICE: (352) 569-9782
CELL: (352) 303-3183
dustin.merritt@secoenergy.com

 

SECO Solar Square Demo at March 25 Annual Meeting

Solar power is on the rise in The Sunshine State. Per the Florida Public Service Commission, SECO Energy has the most solar customers of any electric cooperative in the state and almost all municipally owned utilities as well.

 

As of March 20, a total of 530 SECO Energy members have interconnected solar systems at their homes or businesses. These systems produced 1,789,373 kilowatt hours in 2016, resulting in payments from SECO to these members totaling nearly $140,769.62 last year alone. Over the life of these systems, the cooperative has paid $510,039 to members who produced more electricity with their solar systems than they consumed. Per the PSC, this is the highest payback of any utility in the state.

 

SECO’s net metering policy provides for the payback for excess solar energy at the company’s “avoided cost.” In essence, members with solar arrays are treated as small-scale wholesale providers. The cooperative pays these members for their excess power at the same rate SECO pays Seminole Electric Cooperative for power produced traditionally from fossil fuels.

 

 

CEO Jim Duncan states, “I’ve been pretty vocal over the years in candidly explaining the merits and drawbacks of rooftop residential solar installations. SECO has been successful in supporting members who generate their own power without resorting to rebates or credits that inadvertently create financial burden on other members.”

 

SECO’s philosophy is that those who choose to invest in solar should bear the long-term costs to receive the benefits. It is clear from the number of members installing solar that people are willing to make the financial investment. The Cooperative encourages members to exercise caution when considering solar. If you have questions or need an unbiased opinion, contact SECO’s Energy Services team for a free assessment. A team member will evaluate whether solar is right for you by examining orientation, roof pitch, usage history and potential payback.

 

Members are also encouraged to attend the SECO Solar Square demonstration at the March 25th SECO Annual Meeting at 293 South US Highway 301 in Sumterville. The SECO team will display various types of systems and installations, costs, contract requirements, net-metering, billing, and projected generation.

 

SECO’s own array (the Solar Square) and its online production dashboard will be on display and accessible to members. The solar demo’s house replica displays a bi-directional meter for net metering, an inverter and a photovoltaic module on a simulated rooftop. Members interested in solar energy can use the SECO Solar Estimator to help determine costs and output.

 

Members who are not interested in investing in their own solar array but want to live a greener lifestyle can enroll in SECO’s new Solar Life program. The member pays a flat $32 monthly fee in exchange for the kilowatt hour output of four panels.

 

Come out to the SECO Energy pavilion this Saturday, March 25th for free food, fun and fabulous prizes. Gates open at 8 a.m. and the business meeting starts at 10:30 a.m. Prize drawings are held after the business meeting – members must be present to win.