The world is waking up to the need for clean, renewable energy. As part of every government’s commitment to fighting climate change, we’re seeing a massive uptake in solar power.
The state of Virginia has its own measures in place to ensure it leads at the forefront of these environmental changes. As such, solar in Virginia is on the rise.
But what exactly can we expect from solar companies in Virginia, and how with the energy market look in the years to come?
Let’s take a look at three trends that are evident right now in Virginia solar.
- Prices of Solar In Virginia Are Dropping
Great news for anyone who is considering jumping on board the Virginia solar program, prices of solar panels are dropping. According to the Solar Energy Industries Association, prices have fallen by 36% in the last five years.
If you’re considering getting solar panels, there really hasn’t been a better time to invest. While solar tax credits may have dropped in the last couple of years and will continue to drop further, the actual price you pay for your solar electricity and your panels are lower than ever,
- Nearly 30,000 Jobs Are Set to Be Created In Solar Industries
As part of the Virginia Clean Economy Act, it’s estimated that there will be an additional 30,000 jobs created by 2030 as a result of the increase in solar energy use. Solar industries will also generate billions of dollars in revenue.
These jobs will include solar installers, as well as in the distribution of solar, and utility-scale production. All of this amounts to solar being great for the local economy. By investing in getting residential solar panels fitted right now, you’ll be contributing to the state’s green economy.
The Clean Economy Act seeks to ensure that 100% of electricity comes from renewable sources. The act specifies that it wants to see as much as 2,000 megawatts of power coming from solar alone by 2030.
- More Homes Are Switching to Solar
With plenty of Virginia solar incentives such as the federal tax credit scheme available to whet the appetite of potential consumers, more and more homes are switching to solar.
In addition to this, the Clean Energy Advisory Board is currently trying to find ways to help lower the energy burden of the average home. One of the ways they are seeking to do this is to ensure solar installations are within the easier grasp of homeowners.
The Future Is Bright for Virginia Solar
With lots of great things in the pipeline for Virginia solar, is it time for you to make the switch to renewable energy in your home? With the price of panels dropping, and the Clean Economy Act in place encouraging solar use throughout the state, there’s plenty of incentive to go green.
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