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Why should I go Solar, it is so expensive, and will never pay for itself ?
The main reason homeowners switch to solar is to help lower their ever increasing electric bill. To help offset the initial costs financing is available. Unlike automobiles that depreciate starting the first day and are worn out by the time they are paid for, Solar will pay for itself in a few short years plus your home will appreciate in value.
- You will receive a 30% Federal Tax Credit for solar panels and solar hot water systems.
- Most States offer incentives based on the size of your system which can amount to several thousand dollars. You will need to check with your State since it is different in each State.
- Property Tax Exemptions
- Sales Tax Exemptions
- Net Metering, the utility company keeps track of the power you use and generate and will settle up with you, usually once a year.
- Utility Company Incentives-check with your utility company
- Your Home will increase in value
- Once your investment is paid off, you will have free renewable energy for the rest of your life.
What happens when the power goes out?
Keep in mind that your solar grid is connected to the grid of the power company, when their power goes out, your power will go out as well, your inverter will recognize that the grid is out and will shut your system off for safety reasons. If you are in a situation where you must have power, you can purchase a solar generator for use until the power is restored.
How is Solar Power good for the environment?
People, now more than ever are aware of the importance of solar energy, not only economically, but environmentally as well. With the high costs of fossil fuel and the ever increasing dependency on foreign countries to produce it, solar is fast becoming the power of the future because it is a renewable energy source that is just waiting to be tapped. Fossil fuels produce carbon that is harmful to the environment, with solar power we would eliminate those carbon emissions.
Solar panels will require a tracking system to follow the angle of the sun in order to be efficient!
Tracking systems are generally not used in residential installations , they do not increase efficiency enough to justify the additional expense and maintenance, and more importantly, they require too much additional space which most homeowners do not have.
I hope this has answered some of your questions about solar energy! There are a lot of misconceptions about solar energy, as with anything, the better informed you are, the better decision you will make.
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