The effects of this energy source.
By: Natasha Gaikwad Class: 7B3
Impacts on the Economy
- The market in US for PV is expected to be around $27 billion dollars.
- By 2020, according to the Department of Energy, this will directly and indirectly create 150,000 new jobs.
- A recent study has been able to show that the cost of producing Ontario's solar energy will cost less per month and for households.
- Solar power offers more jobs depending on the money invested than any other energy source, which creates more opportunities for jobs and the industry.
This is a diagram showing how solar energy works.
Have you ever wondered how solar panels work?
How Solar Energy Panels Work
Now you know everything there is to know about solar energy and how it impacts the environment and the economy. As with other sources of energy, it comes with advantages and disadvantages. It is up to the community to make a choice to go green and stay clean or choose to participate in global warming.