The best time to go solar
15% of U.S. households are planning to go solar, according to Parks Associates research. And they couldn’t have picked a better time.
Electricity prices are high, on the rise, and projected to keep rising. More states are supporting solar regulations. Plus, the price for solar panels continues to decrease. Prices have already dropped 60% since 2010. At the same time, solar is becoming economically competitive, and is providing employment for over 200k workers in the U.S.
Businesses are proving the case yet again. U.S. businesses have installed enough solar panels to offset 1.1m metric tons of carbon dioxide emissions every year. If just 0.6% of U.S. land were used for solar power, it could power the entire country. Now, imagine if we could just get every home invested in this clean energy?
There is still work to be done before solar power is as affordable as other energy sources. And advances must still be made to make the technology more efficient. But, this is as good a time as ever to — if nothing else — begin considering solar power. The incentives are here, and the technology is becoming more relevant.
