In Australia, there has been a reported 400% increase in inquiries around solar energy for residential homes in response to the COVID-19 crisis. Solar energy has already been growing at a more rapid pace in Australia as compared to the United States, with 15% of Australian homes sporting solar compared to only 1.6% in the United States. However, with a scarcity mindset inspired by the current pandemic and a recent increase in reported cases in the United States, solar inquiries could likely increase in the US as well.
Read more about how COVID-19 is impacting the solar industry in the United States from this article by Popular Mechanics.
Sending our thoughts out to our customers during this chaotic time! This isn't easy for anyone, and our hearts go out to our families, friends, and our community.
During times of crisis, it is easy to feel anxious about what you cannot control. The good news is that we've got tips on how to take back control of your power bill and lock in the cost of your power for years to come. This article by Solar Power Rocks explains what considering solar during the coronavirus might look like.
Wind and solar plants will soon be cheaper than coal in all big markets around world, analysis finds
In Australia, the cost of renewable energy is dropping- and it's becoming cheaper than coal. This is a big deal in Australia, which is "the world’s second-largest thermal coal exporter after Indonesia". This story is similar in China and South Korea, as well as many other countries around the world, even with some governments subsidizing the costs of coal compared to wind and solar.
Read more about the exciting financial future of renewable energy by this article from The Guardian.
Fact: the cost of solar panels has dropped by 80% since 2008. Solar is one of the cheapest forms of electricity- especially with rising power rates from electricity providers. Solar can help you lock in the cost of your power for the next 25+ years!
Learn more about the dropping cost of solar via the World Wildlife Foundation by clicking here.