A new California law will allow utility customers to sell back
the power from renewable energy systems as large as 3
megawatts in capacity, while a separate law will allow
customers using net metering to sell their excess power
generation credits at the end of the year.
Public policies such as appliance and vehicle efficiency standards and building codes are responsible for at least 20% of the improvement in the US's energy intensity--energy use per unit of GDP. (Source: Institute for 21st Century Energy)
In 2007, about 58% of the petroleum consumed in the U.S. was imported from foreign countries--primarily Canada, Saudia Arabia, Venezuela, Mexico and Nigeria. (Source: EIA)
Estimated energy demand is charted to grow by almost 50% in the next 20 years.
In 2007, renewable sources of energy accounted for about 7% of total U.S. energy consumption and 9.4% of electricity generation. (Source: EIA)
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
