Solar power has quickly become the new fad with millions of homes, buildings, and machines being outfitted with these sun sucking panels. Appliances run on solar power use much less energy than the conventional means of electricity, but how much could be saved if the whole world went solar? And what could that mean for cooling and heating our homes, offices, and schools?

The average annual energy bill for an American family is about $1,250, resulting in a staggering $144 billion in energy costs from the 100 plus households. With those numbers on the table it’s hard to imagine anyone who wouldn’t go solar, however, the amount your family could save relies heavily with your geography. Where are you in the world? It’s a common myth that homes and building that are “too far north” don’t get adequate energy from solar panels, but this is simply not true. For argument’s sake, let’s say you have a home in San Francisco and you install a small solar system; through this you could save about $95 a month on your energy costs all together.

Now let’s imagine that every household in the United States made that same switch, the annual savings would be upwards of $147 billion a year; that’s more than we spend on old fashioned electricity. And the cost isn’t even the best part. By reducing the amount of energy we use from electricity and drawing it directly from the sun, we help to preserve our resources for the future.

Even during the recession, solar panel sales nearly doubled for homes and homes that had already been outfitted with solar panels sold 20% faster than the standard homes and at a 17% higher price. Solar power will easily be the way of the future, and change comes slowly, but this energy alternative it creeping up faster than anyone could have predicted.
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