Should school districts invest in solar energy?

School districts often grapple with budget constraints, with energy costs being one of their most significant expenses. Adopting solar energy can dramatically reduce these costs and provide a more predictable energy expenditure over the long term.

How much can a school save with solar panels?

The district is expected to save approximately $2.5 million in energy costs over 25 years with the solar panels. There has been some pushback from communities, but most, even in a conservative state like Virginia, have been on board as prices have dropped to make solar more affordable for schools.

How many students attend a school with solar?

Today, 5.3 million students attend a school with solar. 79% of the solar installed on schools was financed by a third party, such as a solar developer. This allows schools and districts, regardless of the size of their budget, to purchase solar energy and receive immediate energy cost savings.

How many schools have solar installations?

There are now over 7,300 schools across the country with solar installations. These schools are saving money on electric bills, educating students about clean energy, and ensuring a brighter future for the next generation.

Why are schools deploying solar panels?

Schools are strategically deploying solar panels not only to curtail their energy costs but also to foster a culture of sustainability and enrich learning experiences. Over 7,332 K-12 institutions have already converted their schools into renewable energy powerhouses.

Should schools install solar panels?

For schools considering installing solar panels, the reality is that any big educational institution will have major utility costs. Various analyses, such as our latest Marketplace Intel Report, revealed that larger solar systems earn more ROI. Thus, big entities like schools stand to save the most with solar.