Daily BulletinHoliday Centre

Business News

  • Written by Diana Smith

Perhaps the most interesting statistic about the present-day solar industry lies in the fact that in the United States in 2016, there were more people employed in the solar energy industry than in fossil fuels, wind and nuclear energy combined. This alone is more than a reliable indicator that this is an industry on the rise and, as such, might be a major point of interest for ambitious entrepreneurs as well. With that in mind and without further ado, here are several tips for entering the solar power industry that you might want to hear about.

Increase potential of the industry

One of the reasons why the solar power industry is so attractive to newcomers is due to the fact that it’s a growing industry and, as such, incredibly welcoming towards newcomers. The main reason for this, however, lies in the fact that there’s a higher demand for this industry than ever before. First of all, the number of solar panels in the U.S in 2002 was 115,000, while in 2010, it was as much as 2,830,000. Other than this, there are some surveys which suggest that if a person installs panels, all of their neighbors are twice as likely to do the same, which is why new potential areas of business are spawning all over the country at a staggering rate.

Starting a business

Another thing you should bear in mind when starting out in this industry is the fact that this industry has more to offer than just the installation of solar panels. You see, there are many different types of solar businesses and you can choose to sell solar equipment, install it, provide service and maintenance or merely distribute these products. Still, since this is a business in the energy industry, you’ll need to acquire the necessary licenses and certification, establish a business entity (which includes getting a tax number) and become an expert within your niche. Naturally, getting all the necessary insurances for this industry is also highly recommended.

Getting the necessary equipment

Depending on the type of work that you do, you’ll need a different inventory. The equipment for setting up solar panels isn’t all that you need, seeing as how some of the work that needs to be performed takes place on great heights. Therefore, you might also need a lot of construction equipment, even specialised items like portable scaffolding in order to act as a steady work platform for panel setup. Other than this, you need to find a reliable supplier, seeing as how once the work gets going, you’ll need these supplies in a bulk.

Finding an adequate workforce

Keep in mind that the solar panel industry isn’t to be underestimated and, due to the fact that it requires a higher level of technical prowess, an adequate workforce might be somewhat harder to come by. On the other hand, due to the fact that it’s a growing, environmental and tech-related industry, it’s far more attractive to millennials than the above-mentioned construction industry. Also, keep in mind that as the percentage of millennials grows amongst the total workforce, this will keep becoming a bigger and bigger factor.

Regular innovation

Another thing that you need to understand is the fact that innovation comes at a far greater pace than in some other industries. Batteries are getting better and solar panels are no longer the only method for homeowners to harvest the power of the sun. Solar tiles are shingle-like products that can be installed on one’s roof instead of regular shingles and can be incredibly hard to distinguish. This makes up for one of the biggest shortcomings of traditional roof panels (not being visually pleasing enough). Needless to say, this might make this idea, overall, more appealing to the general audience.

Safety is the top priority

As opposed to popular belief, solar panels are completely safe for handling when not hooked to the grid, yet, you need to keep in mind two major hazard factors. First, the majority of work involved takes place on great heights (roof of the building). Second, the work itself involves dangerous tools and the installation process is far from simple. This is why an investment in employee training, proper PPE and some necessary safety measures are a top priority.

You need a decent marketing

In one of the previous sections, we briefly mentioned the fact that seeing your panels on the roof of neighbors might be the most effective marketing method you’ll ever meet. Sadly, on its own, it’s really not enough. You see, these solar panel pioneers aren’t so easy to persuade, especially due to the fact that the installation of a solar panel is a long-term commitment. Usually, it takes between 6 and 9 years for this investment to pay itself off but there are some scenarios where it might take up to 20 years. This is why you need outstanding marketing on your side.

In the end, this is definitely an industry worth considering and even though the competitiveness might increase in the nearest future, the demand is quite high, as well. The future in this field is, indeed, bright and joining the industry as soon as possible might just be the best course of action for those who are interested.


Guide to Start E-Commerce Business

If you can read this, you have access to the internet, and since you have access to the internet, you must have thought about buying something from an e-store. Today, we live in a time very contrast...

News - avatar News

Tips To Buy Office Desks From Sydney

Desks are essential components to the makeup of any office. The right type of desk makes the workflow smoothly. The majority of the people look for desks that are comfortable to work on and need lit...

News Company - avatar News Company

2019 Hottest FinTech Startups Overview

Modern technology is experiencing rapid growth, so many industries expect a so-called revolution, and the financial world is no exception. Over the past ten years, people have witnessed the emergence ...

News Company - avatar News Company

Australians need to look out for this US Crypto-platform

Good news for Aussie sports fans as UssCyber is soon to launch its very own crypto-currency sports trading platform. UssCyber, a blockchain-oriented company based in Florida, is introducing “World S...

News Company - avatar News Company

How to Choose the Right Data Recovery Solution for your Business

In the modern business environment, data is one of the most important commodities. A typical B2C seller, for instance, offering home delivery service cannot deliver the product to the right addres...

News Company - avatar News Company

CrowdStrike Services Cyber Front Lines Report

New CrowdStrike Report Finds an Increase in Cyber Adversaries Turning to Business Disruption as Main Attack Objective CrowdStrike Services Cyber Front Lines Report offers observations gained from t...

Media Release - avatar Media Release

The Conversation


Scott Morrison on Credlin

PETA CREDLIN: Thank you for your time tonight, PM I know you've got a lot on your plate. I'll get to the issue of bushfires in just a moment, but I can't let it go unremarked that with Australia Day...

Peta Credlin - avatar Peta Credlin

Scott Morrison interview with Ray Hadley

RAY HADLEY: Prime Minister, good morning.    PRIME MINISTER: G’day Ray.    HADLEY: Jeez you copped a hammering while I was away.   PRIME MINISTER: Goes with the job mate.    HADLEY: Well, yo...

Ray Hadley - avatar Ray Hadley

Immediate small business support for bushfire affected communities

In response to the devastating bushfires, the Morrison Government has today announced a comprehensive suite of measures to immediately support impacted small businesses.    This initial package ...

Scott Morrison - avatar Scott Morrison


A Travel Guide for Vacations Overseas

There are two types of tourists. Of course, that's a sweeping generalization, and we could be talking about any possible part of traveling.  In this case, we're discussing those who stick to the ma...

News Company - avatar News Company

The Family Travel Handbook from Lonely Planet

Everything you need to know to take unforgettable trips with your children   Full of practical advice, ideas and inspiration for every type of family, Lonely Planet's The Family Travel Handbook ...

Adam Bennett - avatar Adam Bennett

3 Ideas for a Family-Friendly Holiday to Bali

A family holiday is always an exciting time, but it can often come with its fair share of challenges, especially when trying to keep every member of the family happy. Thankfully, the beautiful islan...

News Company - avatar News Company