Long and short term benefits of solar power at home
By Hannah West
With solar energy on the rise, a hope for a sustainable future isn’t just near--it’s here.
The positives of solar energy extend beyond being far healthier for the environment and saving individuals and companies money in the long term. It’s also created an entire job sector. Whether your mind is on improving society or just cutting down your bills, there are plenty of long- and short-term benefits of installing a solar power system in your house.
Energy Savings -Technically, you start saving on energy as soon as your system is active. In fact, over the lifetime of a solar system, which is warrantied at 25 years, you could save 60,000 dollars. But the initial investment in solar energy, which drives many would-be users away, means that the benefits of the savings are reaped in the long term rather than right way. No matter how you feel toward the initial investment, keep in mind that the savings are substantial enough that some solar energy users cite it as the primary motivation behind their decision to install a system.
Raised Home Value- If you want to benefit from solar energy but are also thinking you might move before the warranty is up, don’t fear losing your investment. Installing five kilowatts of solar panels adds an average of $29,555 to the value of a resale home. An additional undeniable perk is that houses with solar panels tend to sell faster.
Take caution and check the facts before deciding to lease rather than buy a solar system for a home you plan to eventually sell. Prospective buyers make be drawn to the idea of the system, but get scared off when they realize they have to take over the lease.
Security- While the cost of equipment, installation, and service have the potential to inflate, the sun is a reliable and unstoppable force of nature that can’t be purchased or monopolized.
No Running Out- The sun rises in the morning and sets at night with absolute reliability. Your system stores that reliable sunlight for future use, so even at night or on cloudy days you don’t have to worry about your food going bad or not being able to run your hair dryer. Power outages are also less of a threat to the solar power user.
No Fluctuating Prices Month to Month- The sun is the sun. It doesn’t produce more or less energy day to day. It will never be a supply and demand situation. It can’t run out. No one can tell you that they’ve bought the sun and are raising solar rates.
Personal Responsibility- While it’s easy to list out the facts in regards to savings and consistency, one of the other perks might be even more meaningful to you. Taking personal initiative to reduce carbon footprint is a good feeling. And if you’re an environmentalist, it will give you more of a leg to stand on when trying to convince others to care about lessening our negative impact on the earth.
Photo Via Flickr
For more information on solar, head to Modernize.com.
Read more about the benefits of home solar power.
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