There are continual advancements in solar panel technology which are increasing the efficiency and lowering the cost of production, thus making it even more cost effective.
As you create your own energy, you use less from the grid and you save on your power bills and when your panels generate more electricity than your household requires, the excess electricity can be sold back to the grid. And as the rate of annual utility price will increase, solar will be even cheaper in the future. If you choose to pay in cash, the payback period is in many cases less than seven years.
ACCESSIBILITY IN REMOTE LOCATIONS
Solar power can generate electricity no matter how remote the area as long as the sun shines there. Even in areas that are inaccessible to power cables solar power can produce electricity.