Although the title of this article sounds a bit doom and gloom it really isn't. Capital today is flowing towards utility-scale renewable energy projects. This is a good thing. I'd rather have more renewable fuels in my utility's portfolio than fossil fuels. However, as the article states there are other options besides the traditional owner-financed solar photovoltaic (PV) array on a residential rooftop. The market for leasing solar panels is growing fast. This is an attractive option for those homeowners who can't afford the upfront capital costs for PV modules, inverter, and the labor to install it. However, for those that like to buy rather than lease, the cost of PV is dropping each year. PV will be competitive with traditional fossil fuels soon.
The last thing I'd like to mention, which always seems to get overlooked in renewable energy discussions and articles is something less sexy, but is the best bang for your buck - energy efficiency. Making a residential or commercial building use the least amount of energy possible is where the smart money is. A quicker return on investment (ROI) can be realized by completing energy efficiency projects such as caulking, insulation, low-flow shower heads, Energy Star appliances, efficient HVAC systems, and the cheapest of measures - behavioral change (turning off lights when leaving the room or taking shorter showers). Once the building is enhanced to use the least amount of energy possible, there is a really good chance that you won't need as many solar PV modules on your roof and therefore won't need to finance as much. Energy efficiency is low-hanging fruit.
Moving toward a more sustainable, renewable, and efficient world.
How do we get there?
there is a really good chance that you won't need as many solar PV modules on your roof and therefore won't need to finance as much.
ReplyDeleteThe time will come when solar energy will be cheaper than buying your electric from an electric utility.
ReplyDeleteNowadays, a lot of things are powered by solar energy. In the near future, I think you'll see one of those solar-powered houses.
ReplyDeleteSome residential home builders have taken the initiative on this issue. Many homes constructed in recent years have made the most of solar power.
ReplyDeleteIt's definitely a good but very expensive plan. You can just imagine the cost of R & D alone. If successful though, it would definitely be a milestone for alternative energy sources.
ReplyDeleteI am really hoping that solar-powered homes will become a commonplace not just in the States but around the globe. This helps serves energy and environmentally-friendly.
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Building solar-powered houses is really expensive. It needs proper construction consulting and planning.
ReplyDeleteI think using solar panel for your home would really increase its value. Buyers would prefer these kinds of homes rather than the traditional. It's a good real estate investment.
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Solar-powered houses are the top notch in terms of power saving and eco friendly too.
ReplyDeleteA lot of people still do not resort to getting solar energy panels because of the high price. In addition to the price of the solar panel is the cost of labor in installing the equipment. There should be a proper connection of wiring to the solar source to prevent damage to the motor engines of your appliances and equipment.
ReplyDeleteStudying the projected maintenance cost would be a good idea if you're thinking about this. By doing so, you can more or less see if it's worth the hefty investment.
ReplyDeleteSolar powered homes are really great. I think they add value to your home. I hope offices and other establishment would be solar-powered as well to conserve energy.
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You are correct. Sadly, it is only about 1% of US energy that is currently harvested from Solar Sources. At least utilities are catching on.
ReplyDeleteYes, definitely a person looking for a house main concern is first to find a livable home that could accommodate him and his family and second is to be protected from any kind of suppression or abuse, so I'm suggesting that they better study all the related laws that protects and ensure the safety of homeowners such as the florida condo law.
ReplyDeleteGreat informative site. I'm really impressed after reading this blog post. I really appreciate the time and effort you spend to share this with us! I do hope to read more updates soon.
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