The Growing Reach of Solar Energy
2015 is expected to be the year of solar power, with lower costs and technology improvements bringing solar energy to new areas all over the country. As of 2014, 10 states have residential solar power available that costs the same or less than local electricity. Hawaii was not included in this count, as solar energy has been cost-competitive there for a long time. By 2017, that number is expected to jump to 28 states -- over half the nation!
One of the keys to expanding the solar energy market is competitive pricing, and companies are striving to fulfill that goal. Solar energy makes up just 1% of electricity generation worldwide, so the market is wide open for new firms to enter.
To compete with newcomers, existing firms are improving technology, and adding storage options and expanding...






