Why Don’t More People Use Solar Panels?
If solar is such a good idea, why is it not installed on every house or business, and used in corporations and in every other place?
Solar energy is a relatively new technology in the energy space. When compared to the first electricity powered by coal burning in the Industrial Revolution, the efficiency of harnessing renewable energy resources is quite innovative, though solar panels have been around for thousands of years. Similar with most technology, solar did not start out as a cost-effective option. Since 2010, the cost has dropped by 64%1.
It has taken time, scientific developments, and years of advancements for solar technology to become accessible. Today, the cost of solar is at an all-time low, and it is becoming more popular every day. Installation numbers have boomed over 30%2 throughout the last decade.
As of 2021, about 4%3 of homes in the United States have solar panels, but that is expected to triple before 2030. California began requiring all new homes to have residential solar systems beginning in 2018. No other states have passed similar legislation, but homeowners are adding solar on their own after understanding the benefits.