Solar Map of U.S. Energy Potential

The potential for solar energy in the United States was not always so high. For centuries, electricity was considered a luxury and something only found in large cities. However, technological advancements have made it possible for even the smallest towns to generate their own electricity through solar power. Although solar energy is more expensive than traditional energy sources, it is a cost that is worth considering, especially if you live in a region where the sun shines bright and where temperatures remain cool all year round. In some areas, such as Utah, Colorado, and California, the return on investment is even estimated to be greater than 10 years!

The Growth Of Solar Energy

The growth of solar energy in the U.S. is largely due to the combined efforts of entrepreneurs, scientists, and government officials. While the demand for solar power is increasing, so are the the costs associated with installing it. Back in the early 2000s, the price of solar electricity was around 10 cents per kilowatt hour, which was more expensive than electricity purchased from traditional sources, like coal or nuclear power plants. However, thanks to improvements in technology and intense competition from solar energy companies, the price of solar electricity has decreased by more than 80% in the last decade alone, so it is now possible for even the average person to invest in solar energy without risking financial ruin. For example, the price of solar electricity is now at around 4 cents per kilowatt hour, which is roughly the same cost as electricity purchased from traditional sources.

The Solar Industry

Thanks to a rapidly growing population and technological advancements, the U.S. has more than enough potential for solar energy to meet their energy needs for many years to come. Many towns and cities across the country have already taken the reins on implementing solar power, with major cities like San Francisco, New York, and Los Angeles opting to go completely green as much as possible. The number of people working in the solar industry has also increased by around 60% in the last year alone, so there should be plenty of jobs for those seeking employment in this field.

Where Can I Invest?

Although it is always a good idea to put your money into safe and reliable investments, such as bank accounts or bonds, the perfect place to invest in solar energy might just be right next to you. As we have seen, the price of solar electricity has decreased so much that it is now possible for even the average person to afford it. With prices this low, there is no longer any reason not to invest in solar power regardless of your financial situation. In fact, with federal and state incentives in place to help reduce your costs of installation, there is no reason not to go green right away!

How Do I Go Green?

If you are seeking an easy and affordable way to save the environment, why not consider going green with solar power? Not only does it offer an eco-friendlier alternative to traditional electricity sources, but it also provides a reliable and steady source of energy that will never cause fuel costs to go up. If you live in a region where it gets cold in the winter, solar power can also be a real lifeline, allowing you to stay warm and cozy without fear of overheating or experiencing regular power blackouts. 

The Downsides Of Solar Energy

While the benefits of solar energy are certainly numerous, they also come with some downsides. Since solar electricity is generated through photovoltaic cells, which are located on roofs across the country and around the world, the price of solar electricity varies by region and depends on the season. During the day, when the sun is shining and electricity is most needed, the price can go up by 8 or more cents per kilowatt hour, causing many people to avoid purchasing it unless their energy bills are due.

Rooftop Vs. Ground-based

One of the biggest differences between rooftop solar power and ground-based solar power is where they are located. Since rooftop solar power is generated and consumed on the same site, it is relatively easy to monitor and track its production, which in turn makes it more cost-efficient. However, since ground-based solar power depends on sunlight to generate electricity, this source of energy is more difficult to track and predict the output of.

The Rise Of Hybrid Energy

Hybrid energy, the use of various forms of energy, which include solar, wind, and biogas, is another option available to those seeking an eco-friendly way to power their homes and businesses. As the name suggests, hybrid energy is a combination of two or more forms of energy, which is what makes it so beneficial. Since it relies on many different, and sometimes unpredictable, factors, predicting its output is more difficult than with regular electricity sources, which are often subject to supply and demand.

The above points highlight the various things to consider before making the switch to solar energy. Even if you decide that going green is a worthwhile investment, make sure you do your homework first and try to find the best solar energy company for your needs. By understanding the basics of solar power and having the proper information at hand, you will be able to make the right decision and benefit your environment, while also affording yourself an affordable and sustainable energy source!

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