solarpanel

Is Going Solar Worth It Yet?

Updated August 22nd, 2021

Is solar worth it? Many homeowners like yourself are now wondering “is the technology generating a sufficient return?.” It’s no secret that solar power has become increasingly more popular, but is it merely trendy or is it now a smart decision? Has solar panel cost come down far enough to make the expense of installation worthwhile?

Homeowners in Houston, Texas and throughout the United States are increasingly investing in renewable energy. The US has added more solar power (75,900 megawatts to be exact) than every other country, except for China, for the generation of electricity in 2021. Solar-generated power now accounts for around 39% of all new electricity produced. Wild, we know!

The current trend in the US is only a reflection of a broader global shift when it comes to using solar power as a source of energy for homes and businesses. According to data collected from the United Nations Environment Program, solar energy attracted $303.5 billion in investment last year, and has now become the fastest growing electricity source globally. So, is now the right time to join the green revolution in Texas? Let’s find out.

State Of The Art: Photovoltaic Modules

Solar technology has grown to heights unimaginable by its inventors, but never since its inception has photovoltaic technology advanced at the rate that it is today. Luckily, the wait is over and the it has finally plateaued. Some of the first solar panels installed in the 1980s are still going strong. It’s truly incredible. Today’s solar panels operate at an efficacy of 15 to 22 percent. While you will pay a slight premium to install panels with an efficacy on the higher end, it easily pays off. You can get a quick peek into the current state of the art solar panel technology here.

Solar Panel Cost Today

Is rooftop solar within reach today? More importantly – does it finally cost less than the value of the energy it produces?

Solar energy is more cost-effective, accessible and prevalent in the US than ever before. Since 2015, the average solar panel cost has dropped by 70%, while the cost of a full solar panel installation has fallen by 20% in just the past five years. Since the solar energy markets are maturing rapidly in the US, and the world, going solar has now become more economically viable than ever, especially in states such as, California, Texas, Minnesota and Hawaii.

Apart from being the cleanest energy source available, using solar power is also leading to better economic growth, job creation, and mitigating the effects of climate change, making it an appealing solution to meet the rising energy demands of modern society.

Also, you can get some more insight on this topic here.

Is Solar Worth it?

Yes, yes and yes! Solar panel cost is at an all time low and the cost of installation is so reasonable that you can be cashflow positive on day one. The return on investment is 20 percent for a typical solar system, which is double what you can expect from investing your money conservatively in the stock market. Like real estate, you are quite literally making money while you sleep.

While we can’t guarantee that your home is ideal for solar, our job is to do that work for you. We use the finest technology available to evaluate your roof and its ability to offset your current energy production. We factor in all aspects of your current and future energy production (do you plan to install a pool or purchase an electric vehicle you’d like to charge at home?) to provide a turnkey solution to meet your needs.

If you have been watching and waiting for the right time to pull the trigger, we can confidently tell you that the time is now. The federal tax credit is currently 26%, and has been extended through the end of 2022. As it stands, it will decrease to 22 percent in 2023 and then disappear, which is another major reason to pull the trigger soon. Pro Tip: You can find a wonderful wealth of information on the benefits of going solar and ways to get discounted rates while vetting reputable installers here.

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Sunshine Renewable Solutions proudly partners with a leading Texas-based plastic manufacturer, embarking on a groundbreaking initiative to fortify its commitment to sustainability.

By integrating solar energy solutions, we're revolutionizing their environmental impact. Our collaborative efforts aim to construct a robust solar infrastructure, harnessing renewable energy to power their operations efficiently.

Together, we're spearheading a transformative shift towards renewable practices, demonstrating how solar power can drive industrial progress while prioritizing environmental responsibility. Sunshine Renewable Solutions is honored to work hand-in-hand with this industry leader, fostering a brighter, greener future through the strategic implementation of solar energy solutions.

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Creating The Foundation

As the foundational step in our partnership, the construction of concrete piers for the solar panel structure marks a pivotal milestone in our solar energy initiative. These concrete piers serve as the bedrock of support for the entire solar infrastructure, providing stability and durability essential for the efficient functioning of the solar array.

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Precision And Accuracy Are Paramount

Our engineering team meticulously plans and designs the layout of the piers, ensuring they are strategically positioned to uphold the solar panel array's weight and withstand environmental factors such as wind and inclement weather. We adhere to industry standards and best practices to create a robust foundation that guarantees the longevity and resilience of the solar installation.

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A Solid Foundation

Environmental considerations are taken into account throughout the construction process, ensuring minimal disruption to the surrounding ecosystem. Our commitment to sustainability extends beyond energy production to encompass responsible construction practices.

By establishing these concrete piers foundations, we are ready to start Phase 2, erecting the metal support bars. Enabling the subsequent installation of solar panels will power the plastic manufacturer's operations while significantly reducing their carbon footprint.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

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Follow The Build

Lorem Ipsum is simply dummy text of the printing and typesetting industry.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

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Follow The Build

Lorem Ipsum is simply dummy text of the printing and typesetting industry.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

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Texas Plastic

Sunshine Renewable Solutions to Help Formosa Plastics of Point Comfort, Texas, Achieve Sustainability Goals

Formosa Plastics is a major producer of polyethylene, polypropylene, and polyvinyl chloride resins, which are widely used in various industries worldwide. Recognizing its role in environmental stewardship, Formosa Plastics sought to collaborate with a reputable sustainability consultant who can provide solutions to reduce its impact on the environment.

Sunshine Renewable Solutions is a leading sustainability consulting firm that specializes in renewable energy and environmental sustainability. The company has a team of experts who help clients identify opportunities to reduce energy consumption, lower greenhouse gas emissions, and implement sustainable practices through solar power.