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• The benefits of solar energy for the environment go beyond merely lowering emissions; they also include a comprehensive strategy for sustainability that puts the wellbeing of our ecosystems first. Using solar energy has equally important economic consequences. Solar energy is becoming more & more competitive with conventional energy sources as production costs are coming down and technology advances. Customers will pay less for electricity as a result of this change, which also boosts local economies by opening up new markets and investment opportunities. Businesses can allocate resources more effectively & invest in growth initiatives if there is a reduction in energy costs as a result of the increasing number of solar installations.