Thursday, January 25, 2018

The Benefits of using Solar Energy for Your Home

Solar panels are an excellent way to offset energy costs. And they're good for the environment! By using solar panels, you reduce the environmental impact of your home, among many other benefits. But how do solar panels work?

-When photons hit the solar panels, a direct current electrical field is created.
-The alternating current is used through your home's switchboard to supply electricity.
-While sunny days will produce more solar energy, solar panels can continue to draw energy even on cloudy days.
-Excess energy produces by the solar panels can be exported to the electrical grid. Or, you can store it in the system's batteries for future use.
-If there isn't enough solar energy produced by the home, electricity is imported from the electrical grid. You can also use the system's batteries to power your home.
-Direct Current will be converted to alternating current so that the power produced can be used by home systems and appliances.

Looking to install panels in your home? Here are some of the top benefits of using solar energy.

-Saving thousands of dollars
Adding solar panels to your home can bring in savings of well over $100 a month in many states. If you extend this to two decades, it translates to over $30,000!

-Guaranteed performance
Most solar panel manufacturers offer a 20 or 25-year warranty, also known as a performance guarantee. The industry standard typically guarantees 80% performance after 25 years. However, the real lifespan of solar panels is much longer. Your solar panels can still generate a good amount of electricity 30 to 40 years down the road.

-Reduce environmental impact
On average, each American household generates 7.4 tons of carbon dioxide each year through electrical use. Carbon dioxide is known to cause global warming, which wreaks havoc on our planet. Global warming causes animals to become endangered, our shorelines to erode, and glaciers to melt. Using solar panels in your home can conserve more than 16,000 gallons of water per year, and reduces our reliance on nonrenewable energy sources.

-Increase your home's value
Studies have shown that by adding a solar system to your home, value increases by an average of $5.50 per watt. Depending on your location, the value can increase by $6.40/watt.

*Homes with solar systems sell 15% faster than homes without solar.
*Studies have also shown that a 3.1kW system can add $17,000 to your home's value.

In conclusion, solar panels are a great method of producing cost-efficient and environmentally friendly energy.

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