Residential Solar Energy Delivers Cheaper Energy NOW!
Solar energy is becoming a popular, fast-growing, energy option in the United States as more Americans are receiving the cost savings that panels provide. However, there are skeptics who may not yet believe that solar panels will both support their energy needs and reduce bills. Although there are various factors that impact cost savings from person-to-person, it is proven that in the long-term, solar panel energy is more cost effective than conventional energy. In fact, evidence shows electricity costs can be reduced beginning day one.
Solar Costs
By 2023 renewables will operate without government subsidies.
Decreases in residential solar cost is directly related lower cost of solar panels and modules, business model innovation that allows for more flexibility in ownership, federal legislation, favorable regulatory policies, and increased access to low-cost capital. However, each home’s energy needs are different which affects system cost.
Energy Use
US Rank Among Nations on Solar Energy Use
Solar energy is increasing among the world’s nations as the effort to provide sustainable energy sources for both residential and commercial properties rise. The United States is gaining traction as a leader in providing green energy options among its global partners.
How Solar Works
To no surprise, Americans are quickly realizing the potential in solar energy. In addition to saving money on your utility bills, solar energy also provides environmental bene fits, including providing a clean source of energy, helping to reduce carbon footprints and emissions. Reports show that U.S. homeowners installed 4,143 megawatts (MW) of solar PV in Q3 2016 to reach 35.8 gigawatts (GW) of total installed capacity, enough to power 6.5 million American homes. With more than 1.3 million residential solar installations nationwide and record-breaking growth in the utility-scale sector, the industry is poised to nearly double year-over-year. Now is the time to join the solar energy movement and take advantage of the various bene fits of this alternative energy source.