Would you take the chance to virtually eliminate your electric bill permanently? Would you like to lessen your household’s dependence on energy sources that basically pollutes the environment in which you raise your children? Will you support the use of cleaner, renewable and limitless source of energy? If you answer to these questions is a proud “yes” then there’s the simplest explanation why solar power industry maintains a steady exponential growth from the day of its creation to present.
In the United States alone, Reuters has reported that the 2011 national solar industry has recorded more than double of the panels installed in 2010. According to the report released by the GTM Research and the Solar Energy Industries Association (SEIA), this impressive growth has earned a total increase in the industry revenues amounting to $8.4 billion in 2011. In the global market and regions across Europe and continental Asia, the solar electric energy demand grows by an average of 30 percent per annum over the last 20 years. At this point, the numbers involved in the progress of this industry seems to go nowhere but up.
Clearly, despite the high initial cost of installing a photovoltaic system to convert light to energy, more and more people and communities are realizing the tremendous benefits of solar power. To make it more affordable, the national or state government of countries all over the world provides incentive programs. These programs are also designed to allow energy consumers or investors gain financial returns on their solar investments by selling solar electricity at preferential rates.
Thanks to the continuous improvements in the equipment and infrastructures involved in generating solar electricity, developing countries and markets have benefitted from the decline of costs. Also, the ever-increasing demand for such equipment led to the increase in the number of local suppliers as well as qualified installers. You are lucky to be in a country with reputable companies like Noon Solar that offer flexible financing and convenient delivery infrastructure to enjoy more sustainable and cost-effective energy sources.