We’ve outlined five key facts that will keep you in the know on this clean energy source.
The cost has come down dramatically over the last decade
Since 2011, the cost of solar power has decreased by almost 90%! This drop has made solar cheaper than coal in most places –– a huge win for a cleaner and cooler planet. And because solar power is becoming more popular, the price of installing panels should become relatively cheaper over time, too.
You can get a federal tax credit for installing them
You can have a negative balance on your electricity bill
They don’t require much maintenance
If you’re thinking about installing solar panels but are concerned that maintaining them will be a hassle, worry not. Usually, the main form of maintenance required is occasional cleaning; only once or twice a year is necessary. Often, rain will do most of the cleaning for you, lightening your load.
You can get solar energy without even buying solar panels
In many parts of the country, you can lease (or buy) part of a solar farm that is also being leased by other members of your community. These “community solar” projects allow customers to get credits on their electricity bills for the solar power they helped create. So even if your roof isn’t ideal for panels, you can still reap the economic and environmental benefits of solar power.