Solar power has existed in some form throughout the 20th century, but it wasn’t until the 1970s (and the energy crisis) that solar truly stepped into the spotlight. Now, solar is poised to make its mark in the energy world and overtake other forms of power generation. The U.S. Energy Information Administration forecasted that power generated from solar panels would grow 75% from 2023 to 2025.
This solar power surge should not come as a surprise, though, because this form of green energy has plenty to offer both home and business owners.
Why Solar Is Surging
Solar is a favorable energy source for many reasons. Below are just five of them:
Environmental Impact
As the populace becomes more aware of their energy choices’ impact on the environment, many would like to pivot to something renewable so they don’t contribute to the depletion of the earth’s resources. Solar power is 100% renewable; converting energy from the sun will not drain the sun of its heat and light!
Solar panels reduce the need for energy generated by coal, oil, and other non-renewables. They also help keep the air cleaner and free from pollution. Solar can even result in less water waste by replacing non-renewable generation strategies that require significant water runoff.
Energy Independence
Most power usage in the United States is tied to grid performance. When the municipal grid is inconsistent, or the power goes out, homes and businesses must deal with the consequences. Similarly, anyone who requires energy has very little say in how much they pay, as providers can implement price changes at any time.
Solar power is increasingly popular as a means of returning power to homeowners. While the majority of structures will still remain connected to the grid, owners have more options with solar energy and can use clean energy during peak billing periods to reduce grid reliance. And batteries allow a home to continue operating even when the power is out.
Financial Incentives
One of the main drivers of the switch to solar is the money it can save homeowners and businesses. Users can lower the amount of electricity they must purchase from the grid, resulting in lower monthly bills. How much lower depends on the specific structure and how much energy usage the panels offset.
Technological Innovation
Another reason U.S. solar power is surging is because of innovations making this technology more efficient and functional. The solar industry has undergone changes from significantly lowered equipment costs to safer batteries to increased panel efficiency. Solar panels are no longer the large, clunky installations of 20 years ago. In fact, as options such as thin film solar become available, panels are less of an eyesore and more of an aesthetic feature.
Greater Accessibility
Now more than ever, solar is within reach for homeowners, through options such as community solar or power purchase agreements.
Go Green And Go Solar!
More people are seeing the advantages this green power source can bring. Maybe it’s time for you to make the switch, too! If you’re considering solar energy, be sure to work with licensed and insured installer who will partner with you for the lifetime of your solar array. Contact Uprise to learn more about your solar options!