1. As more people realize the value of renewable energy, the renewable energy franchise industry will continue to grow. Renewable energy franchise businesses offer other companies energy efficient and cost saving services to help companies reduce their carbon footprint, make a positive impact on the environment, and keep their business costs low.
2. Renewable energy is a global trend. The International Energy Agency's Renewable Energy Medium-Term Market Report predicts that renewable energy will account for 25% of the electricity generated around the world by 2020.
3. Renewable energy includes solar energy through the use of solar panels, wind energy through the use of windmills, and water energy through the use of hydroelectrics.
4. The most popular states for opening a renewable energy franchise are those that have already set in motion the goal of becoming primarily or completely reliant on renewable energy. California aims to be 50% reliant on renewable energy by 2030. Vermont aims to be 75% reliant on renewable energy by 2032. And Hawaii aims to be 100% reliant on renewable energy by 2045.
5. The solar energy sector has seen massive growth in the United States in the past ten years. The solar market has grown both in the residential market and in the coprorate market, with traditional electric utility companies across the United States beginning to install solar modules.
6. The solar energy industry does a lot of good for the environment. Even just 25% dependence on renewable energy would decrease carbon emissions by 277 million metric tons.