5 Reasons to be thankful for solar power
5 Reasons to be thankful for solar power
by Ranveer Yadav
It’s Thanksgiving,
2017, and despite the turmoil in our country and our world, we have a lot to be
thankful for. We at Solar Power Rocks sincerely hope you have the comfort of
family, home, and loved ones this holiday season, and maybe also that you have
solar panels on your roof.
If you don’t quite
have that last part covered, yet, perhaps it’s time to compare quotes for a solar installation for
your home.
Anyway, here’s why
we’re thankful for solar this year:
1. Solar can help us overcome disasters
A solar micro-grid from Tesla got the San Juan Children’s
Hospital up and running shortly after Hurricane Maria
When the grid goes
down as the result of a natural disaster, as it did in Puerto Rico following
hurricane Maria in September, 2017, solar powered micro grids can be quickly
deployed to get hospitals, fire stations, and other essential infrastructure up
and running, as shown in the picture above.
But it doesn’t take a
huge parking lot filled with panels to help people in need. When the power’s
out, any light in the darkness is helpful.
2. Solar can bring electricity to where it’s
never been
A SteamaCo solar microgrid station in Kenya
There are about as
many people living without electricity today as there were when Thomas Edison
lit his first light bulb. But that’s about to change.
Building new renewable
generation facilities can now provide power more cheaply over the long-term
than simply operating existing coal and nuclear power plants, according to the financial analysis
firm Lazard, which prepares an annual report about the Levelized
Cost of Energy (LCoE). So new utility-scale solar is the defacto form of new
energy generation worldwide.
But installing solar
at utility scale won’t work for remote communities that don’t already have grid
power. In that case, solar microgrids, including energy storage for up to 24
hours, can bring light and electricity. Combined with cellular service that
allows residents to pre-pay for their energy use, solar microgrids in Kenya,
India, and other places allow residents of remote settlements to use
electricity and improve their lives.
As the costs of solar
equipment and energy storage continue to fall, these microgrids may become the
best way to electrify the world.
3. Solar panels add value to your home
This one hits a little
closer to home. Specifically, on your roof.
Numerous studies of
what’s known as the “solar home price premium” have shown that homes with solar panels sell for more. And the price increase is almost equal to
the amount it costs to put the panels on your roof.
So if you’re thinking
of going solar and also thinking of selling your home soon, rest assured that
the decision can work for you! If you’d like to see how you can benefit, get in touch
with our solar experts today.
4. Solar panels save you money over the
long-term
Going solar can mean big savings over time
One of the main points
of our site is to educate homeowners about the long-term financial benefits of
going solar. And you don’t need thousands of dollars to do it, either. As you
can see in the chart above, taking a loan, paying cash, and even paying for
each kilowatt-hour under a solar power purchase agreement can lead to big
savings over time.
And solar makes sense
in more than a few places with big solar subsidies or high electricity costs.
In fact, an investment in solar beats the stock market in about half the United
States!
Click the image to see
more:
5. Solar power promises a better future
There will come a time
in the very near future where the costs of solar panels and batteries to store
excess electricity will become lower than the costs to simply transmit the
energy from traditional sources of power. When that time comes, the only
rational economic decision will be to build solar+storage facilities everywhere
we need electricity (which is basically, everywhere), and rapidly eliminate the
need for traditional coal, gas, and nuclear power plants.
With decades of
generation capability at that low cost, there will be no need to increase
electricity rates over time, as the current utility companies have done at a
rate of 3.5% per year for the past 50 years. We’re on the cusp of that now,
with solar and batteries nearing the point when the technology will take off.
⏩Send your feedback's & comments.
⏩Send your feedback's & comments.
By: Mr. Ranveer Yadav
M.Sc.( Renewable Energy )
Lucknow University
Email ID: Renewablegyan@gmail.com
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