This is the second part of our “The Advantages of Solar Energy” Below you will find a comprehensive list containing the most relevant reasons why using solar energy is beneficial, so you can have a more complex image of the reason that makes it a viable and attractive alternative to fossil fuel energy. With a wider perspective than before, you might be able to make a wiser and more informed decision.
2. Low costs
Certainly, solar energy is environmentally friendly. But, as we already mentioned, the advantages do not end there. Probably the most appealing advantage of all is the low cost. Several factors contribute to this conclusion:
a) Solar energy is free
Once you install a solar system, you can enjoy free energy as long as the Sun is up in the sky. It’s for everybody, you don’t have to pay for it. You can just enjoy its benefits. While fossil fuel energy is brought to you by different energy suppliers you have to pay serious money to, the sun’s energy is there for free.
Yes, the cost of installing such technologies can prove to be a substantial investment, but in time, you will save a lot of money on energy. If you think long-term, the benefits are considerable.
Fossil fuel energy is expensive, and you can see that on your monthly bills. It seems like every year energy prices increase and you have to pay more on the bills. It is obviously not convenient to continue like this. The cost efficiency balance of fossil fuel energy starts to lose its equilibrium in favor of the costs. Until when will you be able to continue paying expensive bills?
Looking at it this way, abandoning fossil fuel energy in favor of a low-cost type of energy is common sense. Relying on solar energy, which is free, will lower electricity bills to an affordable level. In case you choose to produce all the energy your house needs using the power of the sun, you will save serious money on bills.
b) Governmental incentives
Another one of the economic benefits of solar energy is provided by the government. You can save money by using various financial incentives. Tax incentives, various credits and rebates encourage people to go green. Learn about the incentives available in your state, and the costs of installing solar panel systems will substantially lower.
c) Low maintenance costs
The maintenance of a solar system is easy and cheap. After the initial investment in installing the solar system, the chances of spending money on it will be quite limited.
d) Fast recuperation of the initial investment
After you install the solar energy system, you will recuperate your investment in a few years, and you will be able to enjoy its benefits sooner than you thought. When it comes to the long-term advantages of solar power, cost efficiency clearly differentiates this energy source from the rest.
e) Net metering
In case your system produces more energy than you need, you can sell it to your utility company. You can not only save money, but also make money with the help of your solar panels.
f) DIY solutions
You can reduce the initial investment with the help of a “Do It Yourself” kit. You can either learn to build solar panels by yourself, or just learn to install the solar panel. Enjoy the advantages of solar energy while learning something new and exciting.