Choosing to use solar power is an eco-friendly option that can help you make more money while also providing the planet with the energy it needs. Solar energy is a renewable resource that does not produce pollution or waste. Solar power is also a great way to help you offset your electric bill. It can run any electrical load, including air conditioners and fridges.
Solar energy is a relatively inexpensive way to offset your power bill, compared to its electric counterpart. The cost of solar panels has dropped in recent years, allowing average homeowners to take advantage of solar energy. Most solar systems are grid tied, so the energy generated is fed into your house’s electrical system. The excess energy is returned to the utility grid, allowing you to receive credit for the energy. Learn more!
Solar technology continues to advance, and more efficient solar panels will be the future of the solar industry. A typical system is guaranteed to last for up to 25 years. As the industry matures, solar panels will become cheaper. However, they will not be cheap enough for most average homeowners. There are some notable exceptions, such as the off-grid systems used by big businesses. These systems may supply power to specific devices and appliances, such as computer servers. They may not be as effective or efficient as a grid tied system.
The International Renewable Energy Agency (IRENA) estimated that solar power will be the world’s largest source of electricity by the year 2050. To put this estimate into context, it’s equivalent to the total electricity used by the entire planet every year. For comparison, coal is the world’s largest producer of carbon dioxide, generating about 25 times more than the sun. In fact, coal produces more carbon dioxide than all the world’s cars.
It’s not as easy as buying a solar system and hooking it up to your home’s electricity grid. If you plan to sell electricity back to the utility company, you will need to sign a contract with the company. There are also fees to pay, such as a connection fee. However, with the right financing package, your monthly payments will be less than the price of your electric bill.
In 2011, a typical consumer spent about $2,100 on electricity. Using solar power instead of electricity from the grid can make this small investment pay for itself. In fact, a solar powered home could offset your entire electric bill in a matter of years. In addition, solar power is a clean, renewable energy source that does not produce greenhouse gases or waste. This is a major step towards reducing our environmental impact.
Solar energy has the power to solve our energy problems. The technology is still in its infancy and will continue to evolve as new innovations are developed. As the utility companies charge higher rates, solar will become more affordable. However, solar power is not yet a viable energy source for large scale applications. Learn More about solar power!
