In recent decades, there has been much debate about the vast amount of natural resources and ecological services that society is depleting. Additionally, the debate assessed how society is depleting these natural resources at a faster rate than the environment can replenish. It also assesses how society can mitigate these environmental problems to preserve our natural resources for the prosperity of future generations. Research suggests that the natural resources we currently use, such as coal and oil, could be completely depleted within the next 25 and 100 years respectively (Byrd, 2012). Since society tends to overconsume natural resources, many economists have suggested that the use of alternative energy could mitigate the effects of overconsumption and the environment's ability to replenish itself. Therefore, this study evaluates the potential of solar energy (SE) on society and environment by evaluating a cost-benefit analysis between solar energy technology (SET) and conventional energy resources. Electricity and the Call for Solar Technology: Research on conventional energy resources has shown that the demand for electricity has increased significantly in recent decades and will continue to increase in the future (Zweibel, 2010). Furthermore, by evaluating business-as-usual models, in which the annual growth rate of electricity demand varies between 2% and 3.2%, research has suggested that annual global electricity demand would increase from approximately 20,000 billion kWh (kilowatts) in 2010 to 60,000 billion. kWh in 2050 and 200 trillion kWh by 2100. Moreover, the average growth rate of renewable resources has only increased by about 1.6% per year, compared to the 4% annual growth rate of conventional energy resources. (Lloyd & F...... middle of article....... Solar PV Installation in California: Understanding the Likelihood of Adoption Given Incentives, Electricity Price, and Consumer Characteristics . Duke University, United States [Found using CRS, Wiser, R., Barbose, G. and Peterman, C.] Sarzynski, A., Larrieu, J. and Shrimali, G. (2012). The impact of state financial incentives on market deployment of solar energy policy, 46. , 550-557.doi:http://dx.doi.org/10.1016/j.enpol.2012.04.032 [EL]Tsoutsos, T., Frantzeskaki, N. and Gekas, V. (2005). 10.1016/S0301-4215(03)00241-6 [Conceptual]Zweibel, K. (2010). Will photovoltaics be deployed sooner due to its long lifespan at low and predictable cost Energy Policy?, 38(11), 7519-7530..2010.07.040