The University of Texas at Austin Solar Energy Team (UT Austin Solar) is dedicated to making the world a better place through solar energy. Through our extensive research, we have discovered ways that solar power can be used to benefit our daily lives. We aim to make solar power more accessible to the average person by spreading the word about the amazing things that solar energy can do. Our team is currently working to develop and patent innovative new ways to harness the power of the Sun for good!
Why Texas?
What makes Texas unique is its size in relation to its population. Although it is the 3rd largest state in the USA, it contains only 2.3 million people. This is about 7.5% of the total population. In comparison, the state of California, with its size and population also has a great deal of solar energy potential. However, because of the prevalence of extreme weather conditions, such as drought, the need for water conservation, and the high cost of living, only about 500,000 people live in the state and most of its power comes from non-renewable resources. This means that about 85% of the nation’s solar power potential and the majority of its wind energy potential remains untapped.
How Can Solar Energy Benefit My Daily Life?
In addition to the power to conserve our natural resources and cut down on our carbon footprint, solar energy can help keep our thermostat down and reduce our dependence on foreign oil. The power of the sun is constantly changing, so while one day you can get the most out of it by just going to the store for some batteries and equipment, the next day you might need a different set of tools to tap into its full potential. By investing in a simple system with a few essential components, you can ensure that you will be prepared for any occasion that might arise when solar energy is available. This could mean the difference between having electricity or not.
Key Facts About Solar Energy In Texas
Texas is the 12th largest state in the USA, so it naturally has a lot of room for expansion when it comes to solar energy. The climate is generally favorable for solar energy development. There are many well-known companies that conduct research and development in Texas, so the state has all the necessary resources available for anyone who wants to get started.
One of the first obstacles that anyone who wants to get into solar power in Texas will face is the cost. Getting started can be very expensive; even buying equipment can cost thousands. However, unlike some other states, such as California, which has decided to tax solar energy, the state of Texas offers a 30% rebate on the purchase price of solar equipment. Furthermore, there are several government-funded solar energy research centers located in the state, so individuals and businesses who want to get into solar power development can tap into a large pool of talent and resources.
Potential Institutional Investors
To further lower the barrier to entry for individuals interested in solar power, The Energy Education Institute recently established a $15 million endowment to fund innovative solar energy projects. The goal of this funding is to provide support for students and early-stage researchers who are working to make solar power more accessible and affordable. Through this funding, the University of Texas at Austin Solar Energy Team was able to secure equipment and funding for our project. This money came from a variety of sources, including the Howard G. Buffett Foundation, the Rita Allen Foundation, and the McKesson Corporation.
How Do I Get Involved?
If you are interested in getting involved with the University of Texas at Austin Solar Energy Team or want to know more about the project, please get in touch with us! We would love to hear from you. If you have any questions or would like to get involved, please email us at solar.energy.team@utexas.edu or call us at 512-471-7386.