Solar energy, both for residential and commercial use, has seen a meteoric rise in popularity over the past few years, and this trend is expected to continue. The irresistible combination of the efficiency of modern solar panels and the current money-saving solar incentives is the primary reason for this trend, and those reasons are facts about solar energy.
If you don’t live in Antarctica, you’ve probably seen solar panel systems popping up all over your town and wondered more about them. Going solar makes more sense now than it ever has before, and if you don’t live in Antarctica, you should go solar. Are you the right person for them? A knowledgeable solar energy consultant will be able to provide the most accurate response to that question. Nevertheless, the following sixteen fascinating facts about solar energy will help put the idea of installing solar panels into perspective for you.
- The most abundant source of energy
The amount of potential solar energy that falls on the surface of the Earth in one hour is equivalent to the amount of energy that everyone on the planet consumes in one year. The sun’s rays can generate as much usable energy in twenty days as the entire world’s supply of coal, oil, and natural gas put together.
- The cheapest source of energy
Since 2008, there has been a decrease of eighty percent in the price of solar panels. In December of 2016, the cost of building and installing new solar electricity generation dropped to $1.65 per watt, narrowly beating out its renewable counterpart wind, which cost $1.66 per watt, as well as its competitors who use fossil fuels.
- The fastest growing energy source
The United States surpassed 2 million solar system installations at the beginning of 2019. This achievement comes just three years after the industry finished its one millionth installation, a task that took 40 years to complete. This is a significant milestone. The solar industry will reach a significant milestone of 4 million installations in the year 2023. Solar is the energy resource that is expanding at an unprecedented rate all over the world.
- Solar energy can be produced without direct sunlight
Even if the sun’s not directly beaming on the panels – or it happens to be a cloudy day – it doesn’t mean the hues reflected from the sky aren’t being captured and utilized by the solar panel cells to produce power. Still, the direction you place your panels matters, and shade from trees and buildings should be accounted for before installation.
- Solar energy can power not only your home
The majority of solar panel systems on the market today are designed to meet your daily energy consumption requirements, which may include the operation of air conditioners and other significant home appliances. The use of net metering for grid-connected systems guarantees that you will always have access to the necessary amount of energy. You may also choose to supplement your solar power setup with a battery that stores energy and create your very own independent solar power reserve.
- Installing solar panels increases the value of your property
It has been demonstrated that houses equipped with solar energy systems sell more quickly and for higher prices. According to a study that was conducted in 2019, homes that have solar panels sell for an average of 4.1% more than homes that do not have solar panels. In addition to this, solar panel systems are typically exempt from the property tax in most states.
- Solar energy can power air planes
Reconsider your position if you are still under the impression that solar power is just a passing trend. The development of fully solar-powered airplanes is receiving significant financial backing from some of the largest corporations in the world. Because he was the first person to jump out of a solar-powered airplane, a guy from Switzerland even became famous on the internet for his accomplishment.
- Solar energy can power electric vehicles
This information about solar energy tends to go unnoticed. Solar panels, an electric vehicle, and a home charger for the electric vehicle not only help you save money on gas and electricity, but they also help you eliminate almost all of the carbon footprint associated with your transportation.
- Solar energy is 99% cheaper
In 1977, the price of a straightforward solar cell was $77 per watt. The cost of a solar cell has dropped to $0.21 per watt, as stated in the Solar Market Insight Report for Q3 2017 that was compiled by GTM Research and the Solar Energy Industries Association. It costs $0.39 more per watt for a completely assembled module.
- Solar energy are quick and easy to set-up
When compared to other methods of energy harvesting, the production of solar power is relatively easy and uncomplicated. The installation of grid-tied systems can be completed in as little as one day because they connect directly to the electrical grid. With MOXIE’s Rapid Installation Team, we can now install your solar energy system up to three times faster than the average time it takes across the country.
The reality of the situation is that solar power is here to stay, and the longer you wait to have your own solar panels installed, the more money in potential savings you will lose. Get started right away with a no-cost solar energy consultation.