How Solar Electricity Can Save You Money - And Make You Some Too

"body">and which ones are your biggest energy drainers, and
In rural areas particularly, the cost of drawing from thetherefore a more accurate clue about your ultimate
nearest power grid far exceeds the cost of solarcost of solar power.
panel power, and the gap is increasing fast. And moreOnce you feel you've compiled a reasonable list of
and more many households in all sorts of areas - rural,electrical items you'd like to power with solar energy
suburban, and urban alike - are turning to home solareach day, calculate the cumulative wattage you'd use
panel system as a source of backup power in casefor all of them over a period of 24 hours. Now you
of a blackout or other emergency.can figure out how many solar panels, and thus the
The cost of solar panel power per kilowatt hour isestimated cost of solar panel, you'll need.
admittedly not the absolute cheapest of renewableNow if you currently live in a home that is not
energies - at around $0.55 per kWh as compared withconnected to any power grid, and you're trying to
$0.05 for wind or $0.06 for micro-hydroelectric, forfigure out the cost effectiveness of your energy
example - but it's still markedly cheaper than payingoptions, then consider what we'll call "the half-mile rule".
the power company (especially with rate increases asIf the power company has to install more than a
much as 10% per year), providing of course - andhalf-mile of equipment to get power out to your home,
here's the key: that you do it right.then the cost of solar panel power (or wind or hydro,
If you're considering installing solar power in your home,for that matter) is cheaper straightaway.
then first things first: keep in mind that if you're planningIf it's less than a half-mile for them to bring the power
for solar power to provide for all your home's energyout to you, however, then it may be worth getting on
needs, the cost of solar panel may take a significantthe grid. Of course, again, after a few years of rate
up-front investment.hikes you may wish you'd paid that cost of solar panel
With the cost of solar panel alone at $275-$600 forsystem after all. If, however, you do decide to connect
each one, and each solar panel providing somewhereto the power grid, remember that you can still install a
between 50 and 200 watts of power per daysmaller solar panel system anyway, one to act as a
(depending on a variety of factors) it's not alwaysbackup and provide you with supplemental energy.
cost-effective to plan to power your entire homeAnd that cost of solar panel system, obviously, will be
exclusively with a home solar panel system.much less.
That said, you can substantially reduce your homeIn addition to the cost benefits of solar usage, you also
energy costs and even put some money back intobenefit from a cleaner environment (not to mention a
your pocket by supplementing your existing powercleaner conscience). In fact, the cost of not using solar
sources with a home solar panel.power - increased pollution and depletion of natural
To figure out the cost of solar panel systems toresources - is far greater than any up front cost of
provide supplemental power to your home, it helps tosolar panel systems.
perform an energy audit of your home, or - put plainly -Finally, the cost of solar panel systems can be
an assessment of how much power you'd like yourinordinately outweighed, as well, by two ways in which
solar panel system to generate for you each day. Toit could put money back into your pocket. You can sell
do this, take a look at the wattage of each of theto the local power company the excess power your
electrical items that you might run in your home on anyhome solar panel generates, if you're fortunate enough
given day - microwave, TV, light bulbs, vacuum,to have any (and in some states, it's actually required).
refrigerator, fans, A/C, computer, etc., and add it allAnd for a limited time, anyone in the United States can
together.receive a tax credit on the cost of solar panel
This can be a very revealing process, especially ifsystems you install in your home. See the IRS for
you've never done it before, and will surely help you todetails.
get a clearer idea of which items use the least power