1. System Size
Furthermore, the technology behind solar energy has made significant strides in recent years. The efficiency of solar panels has improved dramatically, allowing them to convert more sunlight into usable energy. Innovations such as net metering, where homeowners can sell excess power back to the grid, make solar installations even more economically viable. Additionally, the cost of solar technology has plummeted, with prices for solar panels decreasing by over 80% in the last decade. This affordability has led to greater adoption, making solar energy accessible to a broader audience.
solar clean

Solar panels can also provide a sense of energy independence that is increasingly important in today’s world. By generating their own electricity, businesses are less reliant on external utilities, making them less vulnerable to energy price spikes and supply disruptions. This self-sufficiency can be particularly valuable for businesses in regions prone to natural disasters or where the energy grid may be less reliable.