Posts Tagged ‘solar electric power’
Residential Solar Power Statistically Speaking
June 21st, 2009 | 
Author: The average home in the United States uses 10,000 kWh of electricity annually. This could be improved from a home improvement standpoint with better windows, better appliances, and better insulation. Just doing this could save the average homeowner hundreds of dollars a year. Replacing incandescent light bulbs with fluorescent ones is another cost saving opportunity that many people are using (and it is a fairly cheap upgrade now as well). You can also save money by turning lights off when you leave a room and unplugging those things that you don’t use all the time. However, the only way to finally break your ties to the power grid is through residential solar power. The initial not-so-inexpensive costs of having the system installed will pay off once you can power your own house.
What Size Does Your Home Need
There are a variety of residential solar energy systems available for use. System capacities range from 1,000 watts to cover 50 square feet, to 25,000 watts, to cover 1600 square feet. Over 25 years, a 10,000 watt system will save a homeowner nearly $50,000 while using 10,000 kWh a year. Because of the different sizes of homes and the amount of power each household uses, homeowners’ savings from using a residential solar power system may vary. Many people choose to supplement rather than replace their reliance on the power grid with residential solar power as solar power systems powerful enough to supply enough electricity for the average home are still a little expensive. Most homeowners do not have the $75,000 required to install a system even with the promise of savings in the future.
There are tax credits available for those people who choose to upgrade their home to energy friendly alternatives that will help offset the initial installation fees. For example, if your $75,000 solar power system is eligible for a tax credit of $35,000, that means you will only have to pay $40,000 out of pocket. The Government has instituted these tax credits to help stimulate the economy and encouraging people to “think green” at the same time.
More Solar Energy Advantages:
In the coming years as motor vehicles switch from gasoline powered to electric, our power grid will be even more taxed. It is important to start the change to residential solar power now so that we can ensure the integrity of our energy grid, save ourselves in home energy costs, and protect our natural resources.
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