Research shows that by 2013, solar energy would remarkably match fuel costs. Having more people being open to the idea of using solar energy would contribute to an increase in production of these solar panel equipments. An increase in the demand of these equipments will trigger the costs to go down thus enticing more people to buy.
Peak oil, a phenomenon referring to the peak global production of crude oil entails that after reaching its peak, a downhill in the production would eventually follow. This phenomenon which is expected to take place in 2013 is expected to create more awareness in the use of renewable sources of energy such as solar energy.
Countries such as Spain and California in the US have already established a widespread use of solar energy resulting to the cost of which matching with fuel costs. Advancements in technology creating more sophisticated equipments and additional drives and campaigns creating awareness in the use of this type of energy are expected to influence more consumers. Ordinary consumers are also expected to adapt to the use of renewable energy in the future.
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