Solar Energy Facts You Might Want to Know in Setting Up Residential Solar Power
Here are a few solar energy facts that might help you decide in considering converting your residential grid consuming homes in using renewable solar energy to meet your daily energy needs.
An average household consumes roughly around 9-15 kWh of energy daily. If a square foot of solar panel can produce 15W, a 700 sq foot solar panel can give you around 10.5 kWh of electricity. This might be enough to meet your current energy consumption needs.
Most of the time, homeowners do not even bother to entertain the idea of converting to solar power because of the expensive initial cost of installing one. Depending on the solar panels and support structures you need, this can set you back around $10-$20,000++ for commercially available units. But, an average homeowner that uses electricity from their utility grid could spend roughly around $50,000 in the next 25 years on electric bills alone.
With proper financing and even tax incentives being offered by the government, you could spend the same or even less for the next 20-25 years after which the power you generate from the solar power pays for itself and will generate savings after everything has all been paid for. You can now use the savings for other investments.
Solar panels have generally low maintenance once they are properly installed. They typically have a 20-25 year warranty and 40 year lifetime expectancy. So investing in a solar powered system is one viable option that you might want to consider.
Addressing Climate Change:
It is ironic that the sun is also the main source of non-renewable fossil fuels like coal, gas and petroleum, which began life as plants or animals millions of years ago from decomposed matter. Plant matter that grew by aid of the sun is now the source of pollution that's contributing to global warming and climate change.
With fossil fuels' ill effects on the planet, solar energy together with wind energy has now become a suitable alternative for renewable energy.
The prices of oil continue to rise as demands from developing countries continue to grow. The reason oil producers increase their prices is that they say fossil fuel reserves are limited and they cannot keep up with the current demand. But we all know it's just business. Just limit the supply from the demand and you'll get instant price increase and more profit for their bottom line.
Setting up solar power for the future is NOW. Technology allows us to miniaturize components that used to be gigantic in size. Manufacturing costs of photovoltaic cells have continually dropped by 3-5% per year because of this. Solar energy has now become an even more affordable energy source suitable for homes and businesses.
Here are a few solar energy facts that might help you decide in considering converting your residential grid consuming homes in using renewable solar energy to meet your daily energy needs.
An average household consumes roughly around 9-15 kWh of energy daily. If a square foot of solar panel can produce 15W, a 700 sq foot solar panel can give you around 10.5 kWh of electricity. This might be enough to meet your current energy consumption needs.
Most of the time, homeowners do not even bother to entertain the idea of converting to solar power because of the expensive initial cost of installing one. Depending on the solar panels and support structures you need, this can set you back around $10-$20,000++ for commercially available units. But, an average homeowner that uses electricity from their utility grid could spend roughly around $50,000 in the next 25 years on electric bills alone.
With proper financing and even tax incentives being offered by the government, you could spend the same or even less for the next 20-25 years after which the power you generate from the solar power pays for itself and will generate savings after everything has all been paid for. You can now use the savings for other investments.
Solar panels have generally low maintenance once they are properly installed. They typically have a 20-25 year warranty and 40 year lifetime expectancy. So investing in a solar powered system is one viable option that you might want to consider.
Addressing Climate Change:
It is ironic that the sun is also the main source of non-renewable fossil fuels like coal, gas and petroleum, which began life as plants or animals millions of years ago from decomposed matter. Plant matter that grew by aid of the sun is now the source of pollution that's contributing to global warming and climate change.
With fossil fuels' ill effects on the planet, solar energy together with wind energy has now become a suitable alternative for renewable energy.
The prices of oil continue to rise as demands from developing countries continue to grow. The reason oil producers increase their prices is that they say fossil fuel reserves are limited and they cannot keep up with the current demand. But we all know it's just business. Just limit the supply from the demand and you'll get instant price increase and more profit for their bottom line.
Setting up solar power for the future is NOW. Technology allows us to miniaturize components that used to be gigantic in size. Manufacturing costs of photovoltaic cells have continually dropped by 3-5% per year because of this. Solar energy has now become an even more affordable energy source suitable for homes and businesses.
If you want to find out the right solar energy facts in setting up a solar energy system for you home, just visit - http://www.squidoo.com/solarenergyfactstopoweryourhome. You not only get savings for your money but help the environment as well.
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