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Saving Money With Solar Energy

4 October 2011 6,580 views No Comment

If you have been concerned about the rising energy costs in your area, it might be a good time to look at ways in which you can save money with solar energy. Various areas in the world run on different power sources, which most of these sources being problematic in some way. The main problem is that even energy sources that are renewable use some sort of oil power to maintain them. This automatically increases the costs associated with the energy source, which is then passed onto the consumer. The vast majority of people are prepared to pay whatever the oil companies see fit, but you do not have to be one of these people if you are able to harness the money saving power of solar energy.


Durability

One of the most common ways in which people use solar energy is through solar panels. While these panels are somewhat expensive to install, they save you money over the years because of their durability. When you purchase a panel, it can provide you with energy for about 30 years. There are no other sources of energy that can come close to matching that level of durability. In addition, since it is at a one-time cost, you will be supplied with free green energy for many of these years after your original purchase. If you are a homeowner, having free energy coming into your home really adds up in a short period of time.

Power Levels

Another way in which solar power saves you money is by creating an unlimited amount of power for you. If you are running on gas power, you can use as much energy as the gas company will provide for you. Eventually, the planet will run out of fossil fuels and the gas company will no longer be able to provide you with this energy. As these levels get lower, oil companies will charge an even higher premium, which will cost you even more money. Solar power, however, is infinite because it comes directly from the sun. Since no one owns the sun, you can never be charged for harnessing as much of this power as you wants.

Taxes

While it might be a roundabout way to save money through solar energy, many locations will provide you with a tax break if you switch to solar power. It really depends on where you live, but some locations have made it very lucrative to switch over to alternative energy sources. In Australia, for example, the federal government supplies its citizens with an $8,000 grant for spending $16,000 on solar panels. When you factor in the monthly savings on your energy bill, it really makes sense to switch under those circumstances. As solar energy options become more readily available, we will likely see other countries jump on board with similar tax benefits.

Flexible Set Up

A common gripe with solar energy is that it costs so much to get started. This, however, does not have to be the case if you are smart about it. Your entire energy system does not have to be installed at once, as you can slowly add to it over the years. If you have enough money for one solar panel right now, you can install the first one and then wait to install a second. Having that first panel up will save you a little bit of money, as it can be used to store energy for when you need it. You can probably install these panels yourself as well, which saves money if you have to do it in multiple steps, since you will not have to hire someone each time.

Storing Energy

As was mentioned before, you can store your solar energy for when you need it the most, as long as you have a capacitor. If you produce too much solar energy for your home, you can either release this energy into a pool, where others would be able to use it, or you can store it for yourself. If you store the energy, you can use it whenever you wish. This comes in particularly handy if you have a prolonged period without much sunlight, as you can continue to rely on solar power. It is also useful during a blackout, as you can keep your house powered while the rest of the neighborhood is dark. Storing energy prevents you from having to rely on gas when you are not producing enough solar energy, which saves you money each time a cloudy period hits.

Other Methods

Solar power can also help you save money in smaller ways throughout the year, as long as you are smart about it. If you use flashlights when camping, bring a solar powered version to save on the cost of batteries. You can usually find radios that run on solar power as well, saving you additional money. All you have to do is remember to put the light or radio out in the sun during the day and you can enjoy the power when it is needed.

A simple way to harness some solar power to save money is to use black sheets on your bed or black curtains on your windows. If you do this during the winter months, you will find that your bed or room is warmer when you get into bed at night. This is because these black items store solar power naturally, which can cut down on how much you have to spend on heating your home each month. With so many ways to use the power of the sun, you should be able to find a money saving method soon.

About the Author: M.H is sharing his knowledge and passion about renewable energy sources at Alternative Energy Geek.com.

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