Solar energy is no longer for the rich and famous according to a recent report from the Center for American Progress. Over the past few years, the cost for photovoltaic systems have been cut in half while model efficiency has also drastically improved. Solar power is competitive in a number of markets and with the recent advent of solar leasing, from companies like SolarCity (NASDAQ:SCTY.DL) and SunPower Corp. (NASDAQ:SPWR), renewable energy is available for the masses and at an affordable price tag. 

This segment is from Tuesday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors @TMFEnergy.

Joel South has no position in any stocks mentioned. Taylor Muckerman owns shares of SolarCity. The Motley Fool recommends and owns shares of SolarCity. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.