Skip to content Skip to navigation

Cost Benefits of Switching to Solar: A State-by-State Guide

The advantages of solar power and other renewable energy sources are colossal, and arguably necessary for our survival. On solar, the electric grid becomes more efficient and resilient to natural disasters (including hail) and disruptions — not to mention scalable to the 1.3 billion people on our planet living without electricity. On solar, power becomes cleaner, moving us that much closer toward the net zero goal advocated by climate researchers. But the benefits don’t stop there. Solar costs are falling. In fact, the installed price for residential solar systems is less than half of what it was in 2009 (due in large part to technological and manufacturing advances from cleantech leaders like Tesla, SolarCity, and SunEdison). After installing an 8kW (8,000-watt) solar system, the average American stands to save over $23,000 on electricity in 25 years, which is the average, ever-increasing lifespan of a residential solar system.

Article Link: 
Article Source: 
The Simple Dollar