With as many advances as we see within the world of solar power technology, it’s almost impossible to keep up with what is current and what progress has been made. Nowhere else is this as obvious as it is within the realm of residential solar, where strides are being made every year – strides that advance our use of solar power generation technology to enhance our lives and to help our environment.
That being the case, it’s easy to fall out of touch with modern statistics and facts surrounding our use of solar power technology. Just to help keep our readers current, we’re handing out these four facts about solar power that you probably didn’t know already:
- The cost of solar panels has dropped significantly in the past 10 years. To be exact, the cost of a typical photovoltaic solar panel cell has dropped by 80% since 2008, and that trend doesn’t seem to be letting up! A lot of speculation in the market suggests that the cost of solar panel production will only continue to go lower, as manufacturing technology continues to improve in the coming years.
- Power generated from the sun is considered ‘free’ energy, because capturing it doesn’t require a resource expense. This is different from traditional forms of energy production like nuclear or coal. In the case of coal, mined substance must be combusted to turn turbines that produce electricity, a very costly process indeed.
- The city of Burlington, Vermont was the very first city in the US to reach a full 100% sustainable energy production rate for its residents. This is the kind of statistic we can get behind! It’s great to see states like Vermont leading the charge in developing a more sustainable energy infrastructure.
- Solar power equipment can pay for itself in as little as six years. While not all situations are identical, there are solar power systems that, if correctly installed, can yield a positive return-on-investment in just a few short years.
Here’s another fact you might not have known: Urban Solar specializes in designing, installing, and commissioning solar power generation systems for both residential and commercial applications. When you’re ready to get started on having us complete a completely free energy assessment that takes into consideration your comprehensive energy scenario, get in touch with us. Our friendly staff is standing by and looking forward to hearing from you.