Sunday, May 10, 2009

Solar Power

Solar power is the most abundant fuel available. Solar power is essential for a sustainable lifestyle. Using only a fraction of that power can solve all of our energy needs! It is the fastest growing market, with an increase of 48% a year since 2002. Once a solar panel is installed, you don't really have to worry about it much. Also, there is the potential to make money from the power company. When you use less than the solar panel produces, then the extra energy is put back into the grid. Make money from the power company? Why doesn't everyone do this? Well, solar power, although abundant, is the most expensive way to produce electricity. Oil, on the other hand, is cheap. Because there is relatively low demand for it, solar power does not grow to it's full potential; therefore, the panels stay as an expensive luxury, when it could slash the electricity bill.

Although the panels seem extremely expensive, they can be relatively cheap!Most solar panels cost in the tens of thousands of dollars. What most people do not know is that there are tax credits that can be earned from using renewable energy sources. These credits can help pay for some of the cost of the solar panels. http://www.energystar.gov/index.cfm?c=products.pr_tax_credits

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