|solar_panels (solar_panels) wrote,|
@ 2011-12-22 23:06:00
|Entry tags:||solar energy, solar panels, solar power|
Are Solar Panels For Your Home Worth the Cost?
If you have been thinking of obtaining solar panels for your home, then you must have found out how costly they are, including the expense of installation. Even with the government rebates many individuals would still be left taking out a loan or a second mortgage on their residence to pay for these panels. Most people can't help but ask themselves if those lessened energy bills are worth the added cost of having those solar panels set up.
The truth is, the answer would depend on a number of things like your age, how long you intend to live in your home, your commitment to the natural environment, and whether or not you are talking short or long term advantages.
The initial factor that people look into is the price of the solar panels. Another consideration is how much they really save on their monthly electricity bill.In order to find out how much this really is, you would have to consult a solar panel expert. A lot of solar energy systems for a house would cost at around $6000 after rebates from the government have been applied. Generally, you would appreciate a monthly energy savings of about 50% on your bill. This could change every month, based on extrinsic factors that affect electricity generation of the solar panels, just like the amount of sunlight it receives. For instance, if your monthly bill is at a $100.00, then you may possibly earn a savings of approximately $600.00 in a year. This would mean that in ten years’ time, you might not be able to see genuine significant savings. If your current electric usage is much less than a $100.00 it will take longer to see any real savings.
If you are already in your 70’s, then you may think twice about getting solar panels. But, if you are still in your 30s or forties, then you may actually decide upon the amount that you would be saving in the future, and observe that the savings would be worth the additional expense at present.
Another thing that you have to consider is whether you would be indefinitely staying in your present address, long enough to see real benefits from the installation of solar panels. And if you are planning on moving, ask yourself if you can bring those panels with you. While solar panels are quite easy to move, you will still require your new home to have a large sunny roof area to make moving the panels an option.
Your next consideration is the environment. It cannot be denied that these solar panels offer benefits for the environment. Everyone has to do his or her part in safeguarding the environment. And, by installing solar panels at home, you get to do your share. However, whether or not you feel it is your duty to safeguard the environment, the decision is for you to make alone.
While these solar panels provide real constructive benefits to a lot of individuals, it is only you who could decide whether or not, the long-term benefits will be able to offset the expense of buying and installing the panels at current time.
Discover the potential of solar power and just how it's being used to help reduce pollution levels and save revenue all through Australia. Get three no cost estimates on a solar system or solar panels in your dwelling or organization.