Solar Energy is Coming
disruptive solar Cost of Solar Panels 10 Charts Tell You Everything
That’s big! That means that people like you and me (if we have a roof) can cut our electricity
costs by putting solar panels on our roofs! This is why major companies like Walmart, IKEA,
Google, Apple, Facebook, Costco, Kohl’s, Macy’s, Staples, and many others are starting to go
solar in a big way.
Of course, as you can see in that graph above, the cost of solar is headed towards the wholesale
cost of electricity from natural gas… which would actually get utility companies and power
plant developers switching to solar in a big way. (The cost of solar power actually varies quite a
bit from place to place, and solar has crossed those lines in some locations.)
Currently it takes about 18 years for solar to pay for itself in Illinois.