With solar energy growing in popularity and practice, many families have gone solar or are considering it. Solar energy offers the obvious environmental benefit of relying on the sun to heat and cool the home as opposed to coal-powered electricity. The average American non-solar home, for example, emits 16,000 pounds of CO2 per year – that’s 4,360 more pounds of carbon over a year than the average car will produce.
Homes relying entirely on solar energy produce significantly less CO2 per year, which is a major selling point to many environmentally conscious homeowners considering solar power. You don’t, however, need to feel guilty if you’re considering solar power and also want to know how it will benefit your family in regards to cost, and there is good news, too.
Short and Long Term Savings
The cost of “going solar” varies widely throughout the United States, because of state and federal tax incentives, and it can also be difficult to predict because of factors such as what direction the home is facing, how much sunlight the home gets during the day, how many panels will be installed, not to mention what type of system will be installed and whether the homeowner will be leasing or installing the system.
Seem like a lot? The infographic at this link can give you a basic idea of what savings you might anticipate in North Carolina. And for the best prediction, have a company like Baker Renewable Energy come out to your home and provide you with a quote. The graphic mentioned shows that, on average, a solar energy system in North Carolina will end up costing approximately $14,000 (purchasing equipment and installation). Households can expect to save approximately $89 monthly (cutting most power bills in half, as the average American home pays $200 monthly for power) and over $20,000 over 20 years.
So, short term, installing a solar energy system can immediately lower power bills and prove to be a long term investment financially as well as environmentally.