Installing Solar Panels in Every Home |
Posted: August 1, 2017 |
Do you know how much is spent by each American home for their electric consumption every year? The least is $1,255 per home. This means the country is spending more than $144 billion dollars annually on its non-renewable energy sources. Considering that there are around 115 million households living in America. With today's growing population and everything run by electricity, the cost of electricity will surely add up over time. But why do it the hard way when you can always go for a cheaper option? By investing on a solar panel installation, you can avail for the free renewable energy from the sun and save in your monthly electric bill utility over time. If you are living somewhere in Texas and you don't have any outright cash to pay for the installation, you may lease solar panels in Austin, Texas. There are many Austin Residential Solar Panels that can be rented to help people like you. You can never underestimate the savings you will get with solar panels. For a small solar system, you can save to as much as $1,109.60 dollars in a year. A medium solar system will save $1,664.4 dollars and a large one can save up to $3,328.80 yearly. The savings that you will get will depend on many factors such as: 1. Fluctuation in energy prices in your state 2. Cost of grid power in your state The States where grid power is expensive includes New York, California, New Jersey, Massachusetts, Connecticut, Rhode Island, New Hampshire, Vermont, Delaware, Hawaii, and Alaska. 3. Your home's position and how the sun hits it. These factors determine how much energy your solar panels will get. 4. Solar Incentives Some states offer rebates to those using renewable energy sources like those with solar panels. Environmental Health Do you know that each home in U.S. contributes up to 2,700 lbs. of air pollution every year? In 2010 alone, with a population of 115 million, air pollution reached to more than 310 billion lbs. in a year. Do you know that 1 kWh solar system can avoid production of 1,364 lbs nitrogen oxides and 4, 234 sulfur dioxide? This would mean reduction of carbon footprints and preserving our Mother Nature. The benefits offered by solar panel increased the demand for this type of technology. In fact, despite the country's recession problems, the market of solar panel doubled in 2009 alone. In 2010, the National Renewable Energy lab's survey showed that homes with solar panels were sold 20% faster than those that don't have the same fixture. These even increased its selling value up to 17% higher. Certain states in the country supported solar adoption. In fact, places like Massachusetts and Pennsylvania pay households who opt for solar panel installations for their homes. They can make to as much as $5,000 to 7,000 annually for using a renewable source of energy. As you understand more about the basics of solar power, you will come to love using solar panels as well. It's not just giving yourself a favor but protecting the environment too.
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