Energy Economics Leads the Way in Renewable Energy in British Columbia

By Erin Knutson

Energy saving leads the way with green energy. The Creston-based company (with headquarters in Vernon and a satellite office in Vancouver) is at the forefront of change in helping people take control of their energy.

“We believe that energy is one of the most essential currencies in our world today. The majority of our customers are concerned about the future cost of energy, its sustainability, reliability and security,” said said Jim Jacobsen, director of sales and marketing for Energy Economics.

The company’s mission based on innovative solutions is to provide people with power, when and where they need it, with world-class workmanship and unparalleled customer service.

Jacobsen and his partners (Josh Persaud and Scott McDonald) are passionate about solar energy as a vital part of the planet’s energy mix.

“You can’t have infinite growth on a finite planet. It is important to meet current environmental, social and economic needs without compromising the ability of future generations to meet their own needs,” said Jacobsen, former director of the BC Sustainable Energy Association.

“Using natural and renewable resources to reduce the consumption of non-renewable resources will ensure that future generations will have opportunities similar to those before them,” he said.

Dedicated to excellenceEnergy saving serves the Okanagan, East and West Kootenay, Lower Mainland and remote areas of British Columbia.

“We handle all aspects of solar power design and implementation, and educate our clients on the long-term profitability of their homes or businesses,” Jacobsen said.

Jacobsen is a solar technology advocate and has led educational programs across British Columbia, presenting at the Kootenay 100% Sustainability Conference (2018), the Clean BC Generations Conference (2019), and as a guest speaker at the Selkirk College, enlightening the public on topics such as Solar Myths, Bifacial Panels and Agrivoltaics.

“As a company, we focus on the highest quality solar design and installations. It is important in this emerging sector that people have excellent experiences with solar.

Jacobsen emphasizes that knowledge is power.

“We are involved in an extensive public education campaign, from trade shows to presentations to interest groups to community workshops,” he said.

The company’s top priority is to ensure that its customers understand how solar energy works, its economic benefits and its contribution to a better quality of life.

According to Jacobson, Energy Economics is a close-knit group, having worked with Alberta-based Empower Energy for several years before buying the BC division and creating their own.

“We saw an opportunity in a growing industry, and we wanted to grow the business with our strategy and our vision for the future.” he said.

“Solar is relatively misunderstood or accepted as part of housing design and the energy mix,” the energy educator said.

“There is plenty of room for growth, and that number doesn’t include commercial buildings or institutions such as schools which are fantastic candidates for solar and battery storage. A study by the West Kootenay Eco Society called for a transition to 27.2% of our energy mix to be supplied by solar power by 2050 to achieve 100% renewable energy,” he said. .

According to Energy Economics, a solar power system is an appreciating asset that replaces a liability (electricity bill) while increasing in value as utility prices inflate.

Utility bills account for a large portion of the rising cost of living in British Columbia. With record winter temperatures and increasingly frequent summer heat waves, we are consuming more energy than ever. And as the demand for electricity increases, our utility bills also increase. Electricity bills of $800 are shocking.

The good news is that there is federal grants now to help offset the capital cost of a solar photovoltaic system. There has never been a better time to install solar power in British Columbia than now.

“If you install a 5 kW solar system on your home and take advantage of the subsidy, your investment will typically be around $8,600. A five kilowatt system should provide an annual yield of 10-12% for the next 30 years.”

“I’ve never seen the economy be as good as it is today,” said Jacobsen, who has worked in the industry for more than five years.

Homeowners who generate renewable energy can reduce their reliance on grid electricity, increasing their financial independence and security in the event of grid failure, Jacobsen said.

“We are building a community of microgrids across the province – one home, one business at a time. They are strong, resilient, energy independent and durable.

When it comes to working in the green industry, Jacobsen and his team appreciate the booming market and the endless possibilities associated with their work.

“It is constantly growing and evolving. We are constantly learning and improving – I love helping people realize their vision of adding solar power to their lives, by becoming energy prosumers. »

There are many paths to becoming a solar technician or engineer in this booming industry.

For future green tech innovators, Jacobsen recommends some links below:

Certifications – NABCEP

Get Connected – Solar Energy International (SEI): Solar Training for Clean Energy Careers

Canadian Solar Institute – Training on solar photovoltaic

To visit energy saving: Our Story – Energy Economics (energyeconomicssolar.ca)

Main and above images: Examples of work in energy saving. Photos submitted

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