Stoked About Solar!
Northport Energy put together the inspiring fact sheet below. Solar’s time is now.
Solar is the cheapest and most abundant energy source in the world
In December 2016, the cost of building and installing new solar electricity generation dropped to $1.65 per watt, narrowly beating out its renewable counterpart wind ($1.66/Watt) and all its fossil fuel competitors.
Solar is an economic engine
Over 242,000 Americans work in solar – more than double the number in 2012 – at more than 10,000 companies in every U.S. state. In 2018, the solar industry generated a $17 billion investment in the American economy.
The world gets it
Global solar power capacity grew 100x between 2002 and 2015.
The US gets it
99% of new electricity generation capacity added in the US in Q1 2016 came
from renewable energy sources, 64% from solar. US solar energy
industry added more jobs in 2015 than all the jobs added by the US oil, gas
extraction and pipeline industries combined.
Over a million solar systems have been installed in the U.S. alone
In early 2016, the millionth solar system was installed in the U.S., notching a milestone that took 40 years for the photovoltaic industry to reach. However, the more notable story that came with this achievement is the forecasted timeline for the next million installations, which is expected to happen in the next two years.
The breakeven point with solar continues to shorten
The cost of solar has plummeted while the cost of grid electricity has continued to gradually rise, and the “break-even point” with solar has become more and more attractive.
Solar is available even if your property is not solar friendly
More and more utilities across the county are offering “community solar” projects where you can purchase solar power in a community owned central array where your portion of production is applied to your electricity bill.
Solar is one of the cleanest, most sustainable energy sources
Coal plants are the largest producers of carbon emissions, which contribute to global warming. Oil hurts the planet too. Each year in America alone, over one million gallons of petroleum spill into waterways, oceans, and groundwater. That’s why solar power is so important—it can reduce pollution and harm to the environment. A household rooftop solar panel system can reduce pollution by 100 tons of CO2 carbon dioxide in its lifetime—and yes, this includes the energy it took to manufacture the solar panels. Solar panels can improve future air quality for humans as well as the millions of birds, fish, and mammals that are negatively affected by pollution each year.
Solar works in Michigan
While Arizona and California are the sunniest states in America (no wonder they’re also leading producers and consumers of solar energy) every square meter of our planet receives around 1,366 watts of direct solar radiation. With over 100 companies installing solar in our state, thousands of home and business
owners can testify that solar works here too. By the end of 2018 Michigan had over 150 MW (thats Million watts) of solar installed, enough to power over 150,000 homes.