There are many benefits to installing solar panels for electricity. Solar power has the potential to power the entire world. According to a report from Bloomberg New Energy Finance (BNEF), solar power could account for as much as 80% of the world's total electricity needs by 2050. Solar power can save money and electricity. Solar power can save you money and the environment with solar panels. The average homeowner who has solar panels can save an average of $20,000 in electricity and utility bills. Solar power can reduce emissions. Solar power reduces emissions from coal plants. These emissio