by Tyler Young, Research Analyst
According to the U.S. Energy Information Administration, 64.2% of the Nation’s energy sources are from Natural Gas (33.8%) and Coal (30.4%). While the earlier burns clean, it is still a resource we do not have an abundance of on the planet, and the latter is very toxic and we don’t have an infinite supply of either.
In 2016, renewables only account for 14.9% of the Nation’s Energy sources and solar (.9%) doesn’t even account for 1%, equivalent to 9,500,000 kwh, the potential for growth in solar energy is astronomical. The average gross cost per watt for solar panel installation has already decreased 19.3% in the last 3 years, with the number of solar installations increasing 95% in 2016 alone!