Recent inflation reports and increases in interest rates confirm what consumers everywhere are experiencing — the cost of living is rapidly rising. Energy costs are the single most important factor in rising inflation. If we can stabilize those costs, we can begin to rein in inflation.

A solution to stabilize energy prices is within our grasp. Acting now can also make the energy we need become more reliable, efficient and local in the long term. That solution is renewable microgrids: localized grids composed of interconnected solar panels or micro wind turbines and storage units like batteries with the ability to disconnect and serve communities if the larger grid isn’t working. More and more common among homeowners, businesses and critical facilities, microgrids provide a path forward to lock in affordable energy prices and facilitate the transition away from reliance on coal, gas and oil, a critical reason for global conflicts and energy insecurity.

Microgrids are increasingly becoming part of a new, modern electrical energy system as communities, businesses and government institutions see them as unique solutions to meet the demand for clean, resilient […]