Author Archive
Solar Power and Green Energy in Your House
Posted by: | Comments
Solar energy is one of the hottest conversations in today’s marketplace. With government incentives at record highs-and some utilities paying you to switch to solar-now is the time to learn more and find out how you can save money with solar energy.
But what is solar energy? How does it work? Can it really generate electricity?
Solar energy reins-in the power of the sun. When sunlight hits photovoltaic cells (they look like large computer chips made of silicon) the photons in the sunlight cause all electrons to be freed from the silicon. If you can capture those electrons, you get electricity.
Think of it like this: you are playing billiards (shooting pool) and you shoot the cue ball into another ball. What happens? The white ball bounces making that other ball into motion as well.
When sunlight hits the solar cell, it ricochets off and pushes the electron in motion. Electricity is made of electrons. The more electrons you can set in motion-and rein-in-the more electricity you can generate.
For an interesting piece on solar energy and other green energy, visit this page at NASA http://www.nasa.gov/centers/ames/greenspace/clean-energy.html
So does this help you in your home? The government is pushing hard for solar energy. $20 billion dollars has been put away to help advocate solar energy throughout our country. The federal government as well as other state governments and utilities, will literally pay you to start using solar energy.
Why would they do this? First, we want to lower our dependency on foreign oil. Second, burning fossil fuel is bad for the environment. Solar energy, on the other hand, is absolutely clean. There are no byproducts. There aren’t carbon emissions. It is a very clean and pure way of producing electricity. Third, the government wants to develop the solar industry in this country which will create more and more jobs and opportunities.
Solar energy is not inexpensive, however. Solar energy for a house may cost $25,000. Do not stop reading this article! There is great news. The government and utilities can rebate you up to 70% of the price of the system. In this example, you would get tax credits and rebates for around $13,500. The end price to you is $6000. If you were to finance this, you may pay about $50-$75 per month. You may say this much or more in your electric bill! Even if you don’t, you not only done something tremendously for the environment, but have also increased the value of your house by about $20,000! If you’re going to resell your house, this not only increases value of nature home more desirable than other houses on the market.
There are also laws preventing local government from increasing your taxes when you add solar energy to your house. We cannot give you specific tax advice-you must consult with your accountant or attorney.