The good news about solar power

There continues to be good news about solar energy, despite tariffs imposed on solar panels from China, solar prices are holding relatively steady. Even though the president and his cabinet deny climate change, that doesn’t mean the rest of the world has bought into his propaganda. In fact, solar power is booming all over the planet and it looks like that trend won’t be ending anytime soon. 

The reasons for the solar boom are not a surprise

Part of the reason solar power has grown so much recently is falling prices. The average cost of solar energy in 2015 dropped 70 percent. In 2016, prices fell even further – nearly 20 percent – which helped increase the installations of solar power systems.
“Prices dropped to all-time lows, installations expanded in states across the country and job numbers soared,” Hopper said. “The bottom line is that more people are benefiting from solar now than at any point in the past, and while the market is changing, the broader trend over the next five years is going in one direction – and that’s up.”

Solar power has a very bright future (pun intended)

Despite the political climate in the Trump administration, solar power’s popularity has not even reached its peak yet. In the next five years, the report predicts the U.S. solar market will triple in size.
“In some parts of the country, solar has become the most affordable option, providing it with an economically-winning hand and earning it the support of politicians on both sides of the aisle,” explained Hobson. “It is not a partisan issue and we do not see that changing as forecasts show solar’s widespread growth continuing.”
 
More states are seeing the wisdom of adopting solar

In addition to cutting costs on energy, the solar industry is employing more than 260,000 Americans in well-paying jobs from coast to coast. Many states have reaped the benefits of solar power already. California’s massive transition to solar power shows how successful renewable energy is, fortifying the economy and creating more jobs. Solar energy also improves the economy in other ways. The American solar energy sector is generating more than $23 billion in direct investment and dramatically reducing air pollution. Other states that we wouldn’t normally associate with renewable energy, such as Georgia, Minnesota, South Carolina and Utah, saw unprecedented growth in solar PV installations in 2016. Although only 9 states have one GW of operating solar PV today, by 2022 that number will increase to 24 states.

Do your part by installing a solar energy system!

Solar power is here to stay, and the sooner you explore how much you can save, the sooner you can enjoy the benefits of residential solar power. Go to HahaSmart.com and try our price checker tool. It tells you how much solar power you need, and how much you can save.

Please visit our solar blog to find out more about the benefits of going solar.