What are the advantages to solar electricity?
What are the advantages from solar energy?
It’s difficult to deny the significance of solar power. Solar power can provide you with a high return for your money, and not just for financial benefits however, it can also be beneficial to improve the sustainability of our environment as well as public health. As more people realize the numerous advantages of solar energy, and as costs for installation decrease the solar energy market is becoming more popular with homeowners and business owners. We have many reasons solar energy is a great option if you are curious about its significance.
A Brief History of the Evolution of Solar Energy
In the past twenty years the usage of solar energy has increased steadily. More people are realizing the immense benefits of using solar panels. Demand for solar panel has grown by 0.34 gigawatts up to 97.2 during 2008, which is enough to provide electricity to 18 million homes. This increased demand has helped to lower costs. The price of solar panels have dropped nearly 70% since the year 2014. In accordance with the US Department of Energy, at least seven percent of American homes will have rooftop solar PV systems by 2030.
What exactly is solar energy?
Sunlight is the source that gives rise the solar power. The sun power our planet. It supplies the energy needed to protect our environment as well as grow our population, no matter whether you know it or not. Its solar energy will be enough to supply all our needs. According to the US Department of Energy estimates that 173,000 terawatts solar energy are hitting the earth every second, which is more than 10,000 times more than the total worldwide energy consumption. The sun can be used to generate electricity that is clean, renewable, and safe. Solar energy can be used to provide heat, light, and other electricity-dependent needs in homes and buildings.
Solar Panel System Benefits
Solar energy comes with many advantages. It can lower your electricity cost, boost your home’s value, cut the carbon footprint of your home, fight increasing electricity costs and even earn money back in return on investment. But, solar power has some drawbacks. It doesn’t work on every roof , and it could cost a lot to install.
Installing a solar system in your business or home can bring you many benefits. These are the most significant benefits of solar energy you must keep in mind.
- Solar reduces/eliminates electric bills
- Solar panels can enhance you the price of your house
- Going solar lowers your carbon footprint
- Solar panels can help you to avoid the rapidly rising energy costs.
- Solar investments can earn you money
- Solar energy has many applications.
- You can sell solar electricity on the grid
1. Solar energy could dramatically reduce or eliminate your electricity bill
The main advantage of solar panels lies in the fact that you can generate the electricity yourself and be less dependent on electricity utility. This can help cut down on your monthly electric bill. Solar panels last of between 25 to 35 years. This means you can reduce your electric bills for years. The cost of solar panels has decreased by 70% in the last decade. However, the cost of electricity has been increasing by about 5 percent and this upward trend of rising electric costs will likely to persist. Going solar can help you limit the rise in costs. This calculator can provide you with a customized estimate of your long-term savings on energy. Additionally, you can see the projected upfront costs and 20-year savings from photovoltaic with custom projections.
2. Solar energy can increase its value to your home
Millions of homeowners in the [location] are interested in solar panels, but don’t have the time or know-how to set them up. Recent studies have shown that solar panels can boost property values. This is a reality for consumers. The second advantage of solar panels is that they can be utilized to offset the disadvantages that we have mentioned previously. Even if you’re not planning to move anytime soon your investment on solar panel systems will pay for itself when you decide to sell your home.
3. Solar reduces carbon emissions
The solar energy source is renewable, clean renewable source of power that can lower greenhouse gas emissions such as carbon dioxide. Additionally, it helps reduce the impact we have on the natural world. Solar energy is different from other fossil fuels like oil and coal. It doesn’t directly cause environmental pollution (such such as carbon dioxide) to be released into the atmosphere or water supply. Solar energy is better for the environment than nuclear power.
5. Solar can make you money as you pay the return on the investment you made
Solar panels can generate bill savings and make a profit thanks to the many great solar incentives available in the [xfield_state-abbreviation]. Net metering, as well as solar renewable energy credits (SRECs) are just two of the major advantages of solar energy. These allow you to make credit on your bill or even earn cash when your solar panels generate electricity. These are the cases where you get paid for the power generated by the solar panel system. The incentives are available in certain states. You can anticipate both short-term and long-term benefits from your solar investment.
6. The most flexible form of alternative energy is solar.
Solar energy is able to be used in nearly any setting, which is different from other alternative energy sources like wind energy, which needs large open spaces as well as high wind changes. Solar energy is a versatile alternative to renewable energy. Although solar panels produce less power on cloudy days and in areas where there isn’t enough sun, they still work. Solar energy is an excellent investment, regardless of the location you reside in.
7. You can sell solar power back to the grid
You may be eligible for net billing depending the location you live in. Net metering, an electric billing tool, is a way to store excess energy produced by solar panels. Net metering credits you with the energy your solar panels generate, however, you don’t actually use it. You could receive credit towards the cost of energy that you don’t consume and, in the end you can sell the solar energy back to the grid that supplies electricity.
Who benefits from solar energy?
Solar power systems get clean, pure electricity from sunlight. Solar panels can be installed on your home to reduce the greenhouse gases that are released. Traditional electricity comes from fossil fuels, such as coal and natural gas. In order to produce electric power, fossil fuels emit harmful gasses which are the primary reason for global warming in addition to air pollution. Fossil fuels are not only harmful to the environment but they are also a finite resource. That’s why the cost fluctuates and is prone to increase quickly.
Health of the public can also be improved with renewable energy sources. Natural gas and coal power plants create polluting air and water that is harmful to the environment. However the replacement of fossil fuels with renewable energy sources like solar power could help decrease premature deaths and lower overall healthcare costs.
Although fossil fuels consume significant water resources and may cause water pollution, solar power requires very minimal or no water in order to function. Solar power doesn’t impact the water supply and doesn’t strain the world’s water supply.
Even during severe heat or drought conditions solar power can be utilized. Natural gas, coal, and nuclear power all require massive amounts in cooling waters. Electricity generation is vulnerable to heat waves and severe droughts as we have seen in recent years. Solar power systems do not require water to generate electricity.
Solar power can also generate jobs in clean energies. The location is a pioneer in clean energy. Innovative and forward-thinking companies continue to adapt to the ever-changing environment of energy production and shift to renewables.
If you’re planning to build your greenhouse, you might consider checking out some of the LEED credits such as sun orientation and passive solar{
How much money can you save?
You can predict the amount of savings in energy per year by knowing in advance how much a solar power plant will cost and the amount of energy it can produce.
This is a tricky calculation because it depends on what you are paying for electricity. Utilities charge homeowners a flat fee for electricity, regardless of the time they use them. Instead of compensating for the high cost of peak electricity production for homeowners, solar power systems can be used to reduce the price of electricity that they pay. This is in line with the average price for electricity generation.
Many [xfield_state-abbreviation] utility companies have implemented pricing systems that allow homeowners to pay different rates throughout the day to reflect the cost of electricity production. This is the reason why there are higher rates in the afternoon, and lower rates during the night. An area with this type of variable rate may find it beneficial to install an array of solar panels that are PV. Solar power would offset the most expensive electric power.
This will depend on the amount of rate changes that are permitted under the plan and the timing they occur. Similar pricing schemes are used by utilities in certain areas. These rates can vary according to seasonal demand fluctuations. Solar energy is more expensive if it is able to offer higher rates during summer.
These plans can be utilized by some utilities to adjust the cost of electricity as consumption increases. This allows the advantages of a solar system to depend on how much the electricity used. In certain regions, rates are soaring as consumers consume more. Large homes with large energy consumption may be in need of solar arrays to offset high-cost consumption.
It may be possible for some homeowners to sell solar power back to the grid in order in order to earn money. This is called net meters in the area. Residential customers use the energy they produce through the solar array to offset their power usage elsewhere. Electric bills for the month are a measurement of their energy consumption. There are various policies and regulations regarding net metering, which are applicable to each region. For more information homeowners should consult the database. It is also recommended to contact their local utilities.
How does solar energy impact our society?
Community-based solar projects may also be beneficial to society like lower heating costs for low-income people, less dependence on public utilities, a better environmental impact due to less pollution, and job creation.
