The Pros and Cons of Solar Energy - PowerPoint PPT Presentation

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The Pros and Cons of Solar Energy

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Solar panels use sun light to generate electricity. This PPT will help you to find a list over the various pros and cons of solar energy. – PowerPoint PPT presentation

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Title: The Pros and Cons of Solar Energy


1
The Pros and Cons of Solar Energy
  • Alex Yackery 23rd August 2016

2
What Are The Advantages Of Solar Energy? The Top
5 Benefits Of Solar Power
  • It Can Either Drastically Reduce Or Totally
    Eliminate Your Electric Bills.
  • This top benefit of solar panels is pretty
    straightforward when you install solar power
    for your home, you generate your own electricity,
    become less reliant on your electric utility and
    reduce your monthly electric bill. A solar panel
    system typically has a 25-30 year lifespan, which
    means that you can cut your electricity costs for
    decades to come by going solar. Use this instant
    estimate tool to get a customized estimate of
    your long-term electricity bill savings and
    review personalized projections for up-front cost
    and 20-year solar savings. 

3
What Are The Advantages Of Solar Energy? The Top
5 Benefits Of Solar Power
  • It Improves The Value Of Your Home. 
  • Millions of U.S. homeowners are interested in
    solar panels but havent taken the time to figure
    out what it takes to install them. This consumer
    reality, and the undeniable benefits of having
    solar panels on a home, complements recent
    studies that found property values increase after
    solar is installed. Thus, the second pro of
    solar can help to level out one of the cons that
    we discussed earlier even if youre planning on
    moving in the near future, youll earn back your
    solar panel investment and then some when you
    sell your home. To learn more about the increased
    resale value of solar homes and find out just how
    much solar adds to the market value of your
    property, check out this article on solar and
    property values.

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What Are The Advantages Of Solar Energy? The Top
5 Benefits Of Solar Power
  • It Can Pay You Money While Youre Earning Back
    Your Investment.
  • Due to a number of awesome solar incentives in
    the U.S., solar panels can actually turn you a
    profit in addition to generating bill savings
    that pay off the cost of the system. Solar
    renewable energy credits (SRECs) and net
    metering are two key benefits of solar that allow
    you to earn bill credits (or even extra cash) as
    your system produces electricity. In these
    scenarios, you are being compensated for the
    electricity that your solar panels generate. If
    you live in a state where either of these
    incentives apply, you can expect both immediate
    and long-term returns from your solar investment.

5
What Are The Advantages Of Solar Energy? The Top
5 Benefits Of Solar Power
  • It Gives You Control Over Rising Energy Costs.
  • Many homeowners face anxiety when it comes to
    their electricity bills because, in most
    scenarios, there is nothing you can do to control
    your utility electricity rate. While the cost of
    solar has decreased by more than 70 percent in
    the past decade, the cost of electricity has
    risen by about five percent, and that trend in
    rising electric cost is expected to continue.
    Going solar puts you in the drivers seat when it
    comes to energy generation. Utilities are quickly
    adapting to the rising adoption of renewable
    energy and the U.S. government is quickly
    increasing its goals for greenhouse gas emissions
    reduction, which means theres really never been
    a better time to be energy autonomous.

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What Are The Advantages Of Solar Energy? The Top
5 Benefits Of Solar Power
  • It Reduces Carbon Emissions And Helps The U.S.
    Move Towards Energy Independence.
  • Perhaps the most admirable and patriotic
    advantage of solar power is the fact that it
    benefits our environment while simultaneously
    helping our country to make the necessary
    transition away from fossil fuels. In pursuing
    energy solutions to help the U.S. reduce overall
    emissions, our nation is also establishing
    independence in order to cease being heavily
    reliant on fossil fuel producers abroad. As the
    world searches for the most cost-effective ways
    to reduce our carbon output in the face of global
    climate change, solar energy has become a trendy
    resource for good reason and perhaps a bragging
    right for Earth Day and the Fourth of July.

7
What Are The Disadvantages Of Solar Energy? The
Top 5 Cons Of Solar Power
  • It Doesnt Work For Every Type Of Roof.
  • Rooftop solar panels are installed by connecting
    a mounting system (also known as racking) to
    your roof. Certain roofing materials used in
    older or historical homes, such as slate or cedar
    tiles, can be difficult for solar installers to
    work with, throwing up a road block for solar
    power. Additionally, many homes and apartment
    buildings have skylights or other rooftop
    additions like roof decks that can make the solar
    installation process difficult or costly. In the
    long run, however, this shouldnt be a barrier to
    the mass adoption of solar power in the U.S. If
    your home doesnt qualify for a rooftop solar
    installation, you still have options ground
    mounted solar panels or buying a share in a
    community solar garden can get you around this
    disadvantage of solar energy.

8
What Are The Disadvantages Of Solar Energy? The
Top 5 Cons Of Solar Power
  • Its Not Ideal If Youre About To Move.
  • Solar is a great financial investment, but it can
    take some time to reach the break-even point so
    often heralded by industry sales reps. The
    average solar panel payback period in the U.S. is
    around seven and a half years. For a young
    homeowner who may be moving in the coming years,
    putting solar panels on his or her roof might
    feel like an unworthy investment. But, as youll
    learn later in this article, solar can actually
    improve your property value and thus increase
    your return when you do sell your home. So as
    long as you plan to buy your system with a cash
    purchase or loan, this disadvantage of solar
    power can be easily avoided.

9
What are the disadvantages of solar energy? The
top 5 cons of solar power
  • If your electricity costs are low, so are your
    solar savings.
  • The ultimate benefit of solar energy is that it
    will reduce your use of utility-provided
    electricity and save you money every month as a
    result. However, that condition assumes a
    homeowner has sizable electric bills to begin
    with. For a homeowner in a state like Louisiana
    where the cost of electricity is 27 percent lower
    than the national average, installing a solar
    panel system isnt nearly as attractive as it is
    to a Hawaii homeowner who pays more than double
    the average electric rate.

10
What Are The Disadvantages Of Solar Energy? The
Top 5 Cons Of Solar Power
  • If You Cant Access Solar Financing, Up-front
    Costs Can Be Intimidating.
  • Theres a nationwide debate going on about how
    much homeowners have to pay out-of-pocket for
    solar. The total out-of-pocket price tag for a
    solar panel system depends on tax credits,
    rebates, and the financing option you choose.
    Though you can easily get a figure for the
    average cost of solar in your state or even a
    personalized estimate for your home, the simple
    answer is that the up-front cost of solar is
    sizable if you dont qualify for a zero-down
    solar loan.
  • The disadvantage here is clear not everyone has
    the cash on hand to make an investment of this
    size with an up-front payment. That being said,
    there are a number of solar financing options to
    help you get around this solar con such as state
    backed loan programs, leases and power purchase
    agreements.

11
What Are The Disadvantages Of Solar Energy? The
Top 5 Cons Of Solar Power
  • Finding Quality, Local Installers And Easily
    Comparing Quotes Can Be Difficult.
  • Theres a common association that many homeowners
    have with solar. It has to do with pushy
    door-to-door solar sales reps that pressure
    consumers to sign a 20-year solar contract before
    they explain the full scope of the offer or the
    credibility of the solar company. Solar is one of
    the fastest growing markets in the world, and
    there are plenty of companies that are deploying
    aggressive sales tactics to get their fair share
    of the market. As a result, for many people,
    shopping for solar can be a stressful and
    confusing scenario. Luckily, there are easier
    ways to shop for solar that puts the homeowner in
    control.

12
Contact US
  • Venture Home Solar
  • 240 Kent Ave, Brooklyn,
  • NY 11249
  • 1 800-203-4158
  • http//venturehomesolar.com/
  • Resource http//goo.gl/hEa6bQ

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