With some small exceptions, the electrical landscape has remained more or less the same over the last 50 years. Yes, there have been advances in technology and new product releases, but nothing truly groundbreaking has occurred, and both wholesalers and electrical contractors have been able to work with the same technology year after year.
Well, all that is rapidly changing as renewable energy has hit the scene. No longer a fringe technology for the wealthy elite, renewable energy sources have gone mainstream, and we’re at the point that both wholesalers and electrical contractors need to get on board or risk being seriously left behind.
A lucrative (and booming) business
The boom in renewables has seen a shift from traditional methods to a rapidly increasing demand for renewable products and installations. As we mentioned in our last post, government-backed programs and rebates are making the switch to solar energy easier and more affordable than ever in Atlantic Canada, and Nova Scotia’s SolarHomes program alone has created a massive jump in demand for installations. While photovoltaic installations are similar to other electrical work, they do still require separate training, so any contractor with this training is going to be in high demand.
Similarly, not all wholesalers have yet brought in solar technology, so those that do have a leg up in the game. Establishing yourself as a go-to source for renewable supplies will pay off both now and in the long run.
The electrification of everything
In order to meet our commitments to greenhouse gas reductions, the way we power our lives is changing. From powering our homes with solar, to running our communities on wind turbines, to driving electric cars, we are shifting into an era where our lives will be powered by the electrification of everything. Far from being a flash in the pan trend, this is fast becoming the new norm and our future will be one of almost complete electrification.
This new era will encompass a whole range of products and charging options, but in particular, manufacturers and contractors would be wise to focus on the following areas: solar energy systems (both residential and commercial), residential wiring and chargers for electrical cars, battery storage, and electric heating systems to replace traditional gas and oil fired systems.
How we can help
At Catalyst, we’ve made solar energy one of our top priorities for the year ahead and beyond. We believe passionately in the power of this industry both as a driver of our economy in Atlantic Canada and as a vital factor in protecting our environment.
If you’re a wholesaler who isn’t already carrying solar energy products or if you’ve seen the benefits and are ready to expand, now is the time. We carry a range of products from some of the top solar manufacturers on the product and can provide support and education on them for you and your entire team.
You can find our renewables line card here and more about the lines here.
Electrification affects a multitude of industries, including real estate, contracting, home building, and beyond. We offer free lunch and learns to share the ins and outs of the residential solar industry with your team- book one today by sending an email to us at [email protected]
To learn more about the product lines we carry and how we can help you and your business to take advantage of the electrification era, give us a call at 902.452.3899 or email us at [email protected]
