We all know that traditional sources of energy have their drawbacks. Coal, oil, and natural gas are in limited supply and the scarcer they become the more they cost.
In addition, fossil fuels are polluting and the carbon dioxide they produce is one of the main causes of man made climate change.
Nuclear power is seen by some as a tempting alternative due to its nearly inexhaustible nature, but with concerns about waste disposal costs it is not cheap and as recent events in Japan have shown it comes at a great risk.
Those of us accustomed to using heat, light, and rapid transport as part of our daily lives might be wondering where to obtain them in the future without breaking the bank. Well – how about using the power of the sun? It is, after all, an inexhaustible source of energy that can be harnessed without any great risk to the environment.
As already mentioned, it is of great benefit to any home owner to reduce their personal dependence on costly and dirty forms of energy. Switching to solar pv can reduce the cost of energy for a household by as much as 40%. As energy prices increase, these savings should also rise.
To encourage the use of solar PV instead of carbon emitting sources of energy, the Government has introduced the Feed in Tariff which requires energy companies to pay users of solar PV panels for the energy they produce. And as one might imagine, this means that adding solar panels to one’s house could greatly increase its value.
In fact, research carried out in Europe and the United States has shown that installing Solar Power Panels does increase your home’s value. The research shows that homes typically sell for £6,500 to £13,000 more than comparable homes without PV. The value is often more than the initial investment to install the system to begin with.
For those keen to do their best for the planet, solar pv panels are an attractive green option. They provide energy that produces no harmful emissions, greatly reducing the carbon foot print of the home owner. A typical domestic solar PV system might reduce the buildings carbon footprint by as much as 1.2 tonnes per year, giving a liftime reduction of over 30 tonnes.
The high cost of energy as well as concerns about the negative effects of traditional sources of obtaining it has led many to look for alternative sources of energy. The mounting concerns about global climate change, Mid-East unrest, and the 2011 tsunami crisis in Japan have all recently highlighted the need for an alternative source of energy. For home owners wishing to play their part in reducing these harmful effects, at the same time protecting their bank balance, solar PV panels could be the answer.