Solar Panels for Home. Is it time to invest?

November 24, 2021

Is now the best time to invest in solar panels for your home? In the last decade alone, solar has experienced an average annual growth rate of 42%. There are more than 100 gigawatts (G.W.) of solar capacity installed in the U.S. alone, enough to power 18.9 million homes.

Solar is also an economic engine, providing jobs across the country. More than 230,000 Americans work in solar at more than 10,000 companies in every U.S. state in 2020 alone.

Another reason to invest in solar is the trend in falling prices. The cost to install solar dropped by more than 70% over the last decade. Solar has ranked first or second in new electric capacity additions in the previous eight years compared to other renewable energy sources. In 2020, 43% of all new electric capacity added to the grid came from solar.

The time is now to invest in the future of solar.