As time goes by, it is getting harder and harder to get through a day without hearing something about an energy crisis, environmental issue, or recession. If you are in the position to help the environment and change the way you get your electricity to something more sustainable, you may have been thinking about getting solar panels to replace or supplement your current system. The question remains, however, is solar power cost worth the time and energy and cash it takes to install?
One perk of having a home run on solar power is that it is a one time cost of equipment with no recurring fees save periodic upkeep. If you are in financial hardship, however, this is probably its biggest downfall as well. To power an average house, the equipment installed would cost approximately $20,000. The cost per watt is normally $10 to $12 and the number of watts you would need is found on your electric bill. A nice feature, however, is that you can purchase as many panels at one time as is affordable and may add more later in time.
The government also has incentives in place to install solar electricity in your home. The information needed to apply to such a program can be found on your governments website.
The great thing about solar panels is that they will provide energy wherever there is sunlight available. This is good news if you would like to build a cabin or a summer home in an area that is not wired for electricity. The cost of this system is the same as the one to power your home and depends on how many watts you want.
Solar thermal water heating systems are a great way to save money on the water bill. They can save you anywhere from 50% to 100% a month on heating your hot water. In addition, it takes less than three years for them to pay for their $5,000 price tag in savings.
In addition, these energy collectors come in portable varieties. Small devices are available to provide charge for cell phones and GPS systems as well as for larger devices like laptops and televisions. The smaller chargers are relatively inexpensive, running about $150 while the larger ones that are capable of powering a computer or television cost anywhere from $700 to $1000.
The Japanese government has been providing incentives for residents of Japan to install solar power for quite some time. The result is that it has become quite popular and the increased market demand for the equipment has resulted in a decrease in the associated cost in that country. This just goes to show that if we all played our part by purchasing even just a few for now, additions in the future would be much less costly.
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Author: Areelitaha Anderson