There are numerous benefits to solar energy. Many people consider the benefits to the environment, but there are personal financial benefits as well. While solar energy is wonderful for the environment can also be pretty easy on the wallet too. Solar energy has a range of paybacks.
One of the most popularly known facts about solar energy is that it’s renewable. Sunlight is available every day, even on days when it’s cold. While overcast weather can lessen the collection of photovoltaic energy, this is no longer a factor in maintaining enough energy for residential use. Solar energy panels today utilize collectors that can collect enough energy for hours, days, or entire seasons. They can store enough energy for even the largest homes.
• Solar panels are reliable. On average, solar panels have 25-year warranties, but they are known to last between 40 and 80 years. There are no moving parts in solar panels, which help to decrease wear and tear. Most generate thousands of hours of energy with little maintenance. Routine maintenance includes cleaning and removing debris from the panels which inhibit solar collection. Solar panels also make no noise while collecting energy. This is a wonderful amenity in a busy lifestyle.
• Solar energy is environmentally friendly. Because it is renewable, solar energy does not deplete the earth’s reserves of fossil fuels. Fossil fuels release greenhouse gases, carcinogens, and carbon dioxide, which contribute to global warming. Solar energy collectors release nothing into the air. Currently the production of recyclable solar collectors is also being worked on.
• The financial savings can be considerable. While the installation costs are the largest investment in the life of a solar panel, it can still be discounted. The federal government offers rebates on the installation costs which can cover up to 30% of the initial price. There are also many state and local rebates available. It is possible to break even within the first five years of installing the solar panels. After that time period the energy generated is pure profit. Many individuals recover 75-100% of their annual energy costs. It’s also possible to sell back excess energy to the utility companies.
• Solar energy allows for self-sufficiency. It is possible to be either on the grid or off-grid. This makes it possible to never pay another connection fee or hook-up fee. When the power goes off, solar energized homes do not. By choosing the best storage for the house, energy can be stored for entire seasons.
Solar installation is changing. While it can be relatively pricey to begin using solar energy, there are many ways to reduce the initial impact. For instance, many solar kits can be self-installed. It is also possible to build your own solar panels, which reduce the cost even more so. Also, the more people that invest in solar panels, the less expensive they become.
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