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Infographic: Add It Up: The Cost of Energy

Posted by Mr Solar on 22nd Oct 2014

Setting aside concerns for the environment, investing in renewable energy sources is a popular decision for a lot of businesses and governments around the world.  And there's never been a better time to consider going solar than right now.

According to date used to create the infograph from Online-Accounting-Schools.org, solar energy is set to experience a 50% annual growth rate over the next five years while a 69% growth rate is expected for all renewable electricity resources.  Indeed, $260 Billion will be invested in renewable energy technologies over the next 25 years.

Though solar energy is still experiencing expensive initial costs, it's not nearly as expensive today as it was just a couple of years ago and there is no long-term guarantee that prices for solar energy won't go back up again.  So, now is the time to act.

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