Solar Energy Franchise

As the deposits of oil and other non-renewable energy sources goes down and energy needs keep rising, the energy sector is looking for ways of generating renewable sources of energy and renewable energy is fast becoming a major market player.
The United Kingdom government is looking at ways to have renewable energy as a key part of its strategy to reduce over-reliance on overseas energy as well as reduce the impact of climate change.
The government is looking to generate 30 percent of its electricity from renewable sources a phenomenon that gives the opportunity for business people to invest in solar franchises.
By 2020 the government hopes to generate 15 per cent of its energy from renewable sources. This has created a huge market in energy franchises that is expected to grow in the coming years.
The United Kingdom alone is blessed with an abundance of solar energy and has even been ranked as the number two country in Europe after Germany in the availability of renewable energy sources as a result of its abundance in wind, wave and tidal energy.
These have however not been exploited fully but a solar market is fast opening estimated to be big business in a period of two years. Britain's chancellors George Osborne when reading his budget speech emphasized the importance of solar energy by terming the renewable as a important component in Britain's energy mix.
A study carried out by KPMG UK in 2011 found that Britain has the potential to be the top destination for renewable energy and that three quarters of dealmakers in the energy sector are willing to invest in it.
What do investors stand to gain by being part of the solar energy franchise?Since 2010 the deals in the renewable energy sector have been on an upward trend moving from 260 deals in 2009 to 446 deals in 2010 a 70 per cent increase. The trend continued into 2010 and is expected to be on a steady rise over the next decade. Renewable energy is tapped from natural recourses of which Britain boasts abundance in thus the sector stands to be profitable for those who take the bold step and get into solar energy franchising. Since 2004 the solar energy franchising industry has grown by 50 per cent every year and it is expected to be a $10-$15 million dollar industry by 2024. The demand for alternative sources of energy in homes has also gone up in the 21st century and yet the use of the energy accounts for only one percent of the market!
Verdict
The world is moving into alternative sources of energy and it is paramount that businessmen, especially those in the energy sector move with it. If you are in the energy business it is about time for you to own a renewable energy franchise if you want your business to remain relevant in the future. For those who want to expound their businesses a solar energy franchise will be a sure way for your business to grow. The market has very little competition currently making it an ideal business and putting you miles ahead when it floods.