Going Solar Is on the Rise—Here’s Why

November 17, 20222 min read

The cost of solar has dropped significantly.

Solar panel prices are dropping

In fact, it’s now cheaper than ever to go solar. The average cost of a solar panel installation is $18,000. However, with federal and state tax credits, the average cost drops to just $9,000. That’s a huge savings!

Solar is good for the environment.

Solar is good for the environment

Solar energy is a renewable resource, which means it won’t run out like fossil fuels. Additionally, going solar reduces your carbon footprint. According to the EPA, switching to solar can reduce your carbon dioxide emissions by up to 4,000 pounds annually. 

Solar is becoming more and more popular.

Solar is becoming popular

A study by Yale found that 70% of Americans support increased use of solar power. With more people going solar, the costs will continue to drop as economies of scale come into play. Additionally, as more people go solar, there will be more pressure on lawmakers to enact pro-solar policies.

Going solar saves you money in the long run.

Solar saves you money

When you generate your own electricity with solar panels, you’re not subject to the rising cost of utility bills. In fact, you can even sell your excess electricity back to the grid and make a profit! Even if you don’t generate enough electricity to sell back to the grid, you’ll still save money because you’re using less from the utility company. According to EnergySage, the average homeowner can save $600 per year by going solar—and that number will only go up as utility rates continue to rise. 

There are plenty of reasons why Americans are choosing to go solar—and why you should too! Solar is cheaper than ever before, good for the environment, and a smart financial investment in the long run. With so many benefits, it’s no wonder that 48% of Americans are considering making the switch to solar power.

Are you a solar professional? Be sure to join our community of solar sales and marketing leaders where we provide premier solar information to help nurture your leads with content that educates and informs prospects on the benefits of renewable energy.

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Cory Schmaltz

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