Happy Earth Day! To celebrate, we wanted to give you some fun facts and figures about solar energy as a renewable resource in the United States.
Fun Facts About Solar Energy
Solar energy is absolutely booming in the United States. According to industry research data at the end of 2018 by the Solar Energy Industries Association, solar energy has had an annual growth rate of 50% over the last 10 years and generates enough electricity to power more than 12.3 million homes.
Solar energy offsets more than 73 million metric tons of CO2 emissions each year. That is the equivalent to there being 15.6 million less vehicles on the road daily, and planting 1.2 billion trees.1
Solar energy is the most abundant energy source on Earth. If the Mojave Desert was covered with a giant solar system, it would generate more than twice as much electricity as the United States uses annually in ONE hour.
Solar energy is the fastest energy source to build, deploy, and repair. After the devastating hurricane hit Puerto Rico in 2017, Tesla and other companies were able to build small solar power plants on the island in a matter of weeks.2
Fun Figures About Solar Energy
Over two million photovoltaic solar systems have been installed in the United States alone.
Vision Solar offers solar panels that are above 20% efficiency.
Homeowners that have installed solar in the U.S. have achieved breakeven point with solar in as little as 3 years, with payback periods between 5-8 years. After 20 years, the average savings due to having a solar system on your home is upwards of $20,000.
The cost of a solar installation is at or below $3 per watt. Less than a decade ago the cost was $8 per watt.
As advocates for renewable energy and a greener planet, Vision Solar wants every home in the United States to run on solar. There is no better time than now to reach out to us to discuss your options for solar energy.