SOLAR FACTS
1.
The sun is the most abundant source of energy available on Earth
2.
Over the last decade, solar has experienced an average annual growth rate of 50%
3.
The cost to install solar has dropped by more than 70% over the last decade
4.
1 hour of energy from sunlight can power the entire planet for 1 year
5.
In 2018, a new solar project was installed in the US every 100 seconds
6.
In 2018, the solar industry generated a $17 billion investment in the American economy
7.
There are now 1.9 million solar installations in the US – and projected to reach 4 mil.
by 2023
8.
The average price per watt in the United States ranges from $2.60 to $3.43 for an
average-sized installation
9.
Solar energy is measured in kilowatt-hour (kWh) – 1 kilowatt = 1000 watts
10.
Homeowners in the US have achieved breakeven point with solar in as short as 3-4 years
11.
Total solar generation offsets more then 73 million metric tons of CO2 emissions each
year (equivalent to taking 15.6 million vehicles off the road OR equal to planting nearly 1.2 billion trees)
12.
The average cost of solar per watt in Arkansas is $4.60/watt
WHY GO SOLAR?
Increasing utility rates
Contributes to the U.S. becoming energy independent
Excellent return on investment
Eco-friendly – no pollution, no environmental effects
Increases Property value
Low maintenance
Renewable energy – occurs naturally and can be replenished over time
Save money from day one! Reap-able benefits the first day
No recurring costs
Can produce power in remote locations with Photovoltaic (PV) off-grid battery systems
Dependable and Reliable
Can remain tied to local energy grid source with net-metering agreement
Financing options make going solar easy
Significant tax deductions for both residential and commercial installs