Many people wonder, “if solar power is so great, why don’t more people use it?”
The answer to that is complicated, but it boils down to one primary factor. Up until recently, it wasn’t cost-effective for the average person to go solar.
The cost of solar 20 years ago was many times more expensive than it is now. For example, a system that now costs $15,000-$25,000 might’ve cost someone $100,000-$150,000. An average homeowner couldn’t afford to drop that much money on a solar system.
Another significant change that’s occurred in recent years is the increased availability of financing mechanisms to help regular people go solar.
Instead of having to write a check for a system for thousands of dollars, you can use a solar financing plan, get the system installed, and make a small monthly payment that’s often lower than your existing electric bill.
It’s become more about trading an electric bill for a smaller solar payment instead of coming up with a massive chunk of money upfront.
These changes have made solar available to the average person, and thousands of homeowners are making the switch every day