Solar Energy A Few Things You Ought to Know About This Rapidly Growing Industry

As Americans look for bigger, better, and cleaner ways of energy, solar power has taken a leading role in the changing landscape of American energy production. The United States is slowly but surely starting to realize that our dependence on fossil fuels and nonrenewable sources of energy is neither sustainable nor healthy for the environment. Renewable sources of energy such as wind power, hydro power, and biofuel are sprouting out in greater numbers across the country. In particular, solar power is an attractive option — not just for industry but for individuals.

Solar power is unique among renewable sources of energy in that it can be installed and used directly on one’s property. The numbers show. According to Green Tech Media, for example, the U.S. installs one photovoltaic (PV) panel system (one of several options available) every four minutes. The allure and advantages of solar installation is simply too much for American homeowners. After all, the price of solar services has gone down considerably over the years. Solar PV panels dropped down in price by a whopping 80% from 2009 to 2013 — and the prices are expected to drop even more.

In addition, solar panels have gained traction because the industry itself is growing and, therefore, making solar panel systems more available to homeowners of all kinds. From 2009 to 2014, for example, the solar panel industry grew about 14% every year. Over the last four years, the industry has generated about 50,000 jobs across the U.S. There are over 2,200 businesses in the country that provide solar installation services and products. Needless to say, solar installers are in no shortage of work!

If anything else, solar panels save homeowners hundreds (if not thousands) of dollars every year on electricity bills. Once solar panels are installed, they typically provide enough electricity for a property for months at a time without having to be touched. Who nowadays wouldn’t want to say so much on their bills?

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