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Solar Energy’s Exponential Growth and Future in the US

Three-fourths of the way through 2024, solar and battery storage have accounted for over 80% of the added electricity in the United States this year. Looking ahead, experts estimate this percentage will grow even higher, to as much as 96% by the end of the year, with massive amounts of additional capacity already planned for homes, businesses, and utility-scale facilities throughout the country. 

Perhaps the most shocking thing about the growth of solar, however, is that right now is truly only the beginning. Today, photovoltaic (PV) solar is the cheapest form of new electricity generation in the world and the Solar Energy Industries Association (SEIA) predicts that over 10 million American homes will have solar installed by 2030.


The Dawn of the Solar Age

Spread across homes from coast to coast, 97% of US solar panels can be found on residential rooftops. While the US home solar industry has grown and changed tremendously over the last few decades, today’s accelerated permitting processes, financial solar incentives, and high-efficiency technology make going solar easier and more widely accessible now than ever before.    


As power consumption and electricity bills continue to rise in Colorado, Wyoming, and around the US, solar energy is perfectly suited to meet increased energy demand in homes and businesses, running everything from AC (air conditioning) to AI (artificial intelligence). 

A recent Apollo Energy solar installation for a local business in Colorado.

With dispersed power generation anywhere the sun shines, battery backup systems, and integrated power controls, solar-powered homes are the future for cost-effective, environmentally friendly, and reliable residential electricity. 


As you make green energy upgrades, solar systems can also help keep electricity costs and associated carbon emissions low when electrifying your home or charging one or more EVs onsite.  


Final Thoughts and How to Go Solar at Home

Given that you cannot go back in time, right now is the absolute best moment in history to go solar as a homeowner in the US. If you find yourself paying more and more each year to power your property with utility electricity, a solar energy system can lock in lower electricity costs for the next 25 years or more.


More than anything else, finding the right installer will help you maximize your investment in renewable energy and enter the Solar Age with as much lifetime savings as possible. While we always recommend working with an established, local, and highly-rated solar company wherever you are, homeowners in Colorado and Wyoming can contact Apollo Energy for a free assessment today. 

 

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