With the Republican debates in full swing, we at Switch to Solar wanted to pause the pontificating for a moment to talk about something that the majority of Americans agree on: solar power. It’s remarkable how much homeowners and businesses from across the political spectrum support solar power. In Florida, the Tea Party is joining with liberals, retailers, and other groups to support a bill that will allow individuals and business to sell solar power to the grid, and these kinds of coalitions are quickly becoming the rule, rather than the exception.
Why? Because solar power offers affordable energy independence that creates American jobs. And those two elements are high on anyone’s list of positive outcomes.
Solar Power Offers Affordable Energy Independence
As the Washington Post notes, most people make their energy decisions based on personal cost rather than a sense of civic duty. And while many liberal and environmentally conscious groups led the initial charge into solar power, the maturation of solar power technology and its business model has lowered the cost of solar power significantly and made its economics tremendously attractive.
Let’s take a look at just how easy it is to save money with solar power. Here are the financial benefits that a typical Switch to Solar customer experiences when installing a home solar power system:
- A 50% cut in their utility bill, which means a savings of over $1,000 per year.
- A solar power system that pays for itself through its energy savings within 9 years.
- The ability to earn well over $32,000 in profit from a solar power system during its lifetime by selling excess power back to the grid.
- A minimum solar power installation discount of 30% thanks to generous government incentives.
- A $20,000 increase in value for homes with installed solar energy systems.
Solar Power Creates Jobs
The Solar Energy Foundation recently released its state-by-state job solar job census, finding that solar power employs more than 173,800 workers nationally. The solar power industry accounted for 1.3% of all jobs created in the U.S. in 2014, and its employment has grown 86% in the past five years. Here in Maryland, solar power employment grew by nearly 27% in 2014, which is more than 40 times faster than the average state employment rate. Maryland also ranks 13th in the U.S. for its solar power employment of 3,012 workers.
Oh and before we forget, if you need help considering who to vote for when 2016 comes around, the resources below might help.