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Solar helps fight global warming
An energy revolution is slowly taking the United States by storm. The U.S. solar market grew 76% in 2012. Never before has solar power been this available to American households. What are the reasons why so many homeowners choose to go solar these days? Following are some of the many reasons to go solar. According to climate experts, adding solar panels to your home can bring in monthly savings of well above $100 in many states. Projecting forward two decades, less than the length of a typical solar panel warranty, and this translates to over $30,000. In Hawaii, residents save on average $64,000 the first 20 years!
Start Saving from Day 1
Solar purchase power agreements (PPAs) and solar leasing have made it possible for homeowners to install solar for little or no money down. Many homeowners choose to finance their solar panels with one of the “pay-as-you-go” financing options. This means that a third-party company – the solar provider – owns the solar system and takes care of installation, maintenance, monitoring, and repairs. You simply pay the solar provider for electricity – less than you would`ve paid the utility company.
Low Payback Period
If you choose to pay in cash, the payback period is in many cases less than ten years. In Hawaii, it takes homeowners on average 5 years before the monthly savings (in terms of lower electricity costs) meets the total costs of the solar system.
Solar is a Secure Investment
The utility companies are known for their fluctuating and unreliable electricity prices. There is clearly an upward trend. With solar panels and simple math, we can calculate how much electricity will be produced, at what price, for at least the next 20 years.
Guaranteed Performance
Some solar panel manufacturers include a 25-year warranty (also known as a performance guarantee) with their solar panels. The industry standard guarantees 80% performance after 25 years. The real lifespan of solar panels is much longer. Your solar panels are likely to generate a substantial amount of electricity 30-40 years down the line.
Save the Environment
Most homeowners choose to go solar because it makes good sense from a financial point of view. However, the environmental benefits are also clearly worth mentioning. The U.S. places second in the world in annual carbon dioxide emissions at 17.9%, right behind China. You can lower your carbon footprint considerably by replacing utility power with clean electricity from solar panels. The average residential solar system offsets about 100,000 lbs. of carbon dioxide in 20 years – the equivalent of driving a car for 100,000 miles.
Create Energy Independence
The United States relied on net imports for almost half of the petroleum (crude oil and petroleum products) that we consumed in 2012. Everyone can help to reduce U.S. dependence on foreign energy. We will inevitably run out of oil, coal and natural gas. While we continue our consumption of these increasingly expensive and dangerous energy sources, our national security and economy suffer. Shopping for solar used to be a long and complicated process. There are hundreds of solar companies in the U.S. alone. It would take you weeks to find the best solar deal. Luckily things have changed.
There has never been a better time to go solar!
If you want to move into the future and join the solar revolution, or if you want to find out what solar panels are right for you, go to HahaSmart.com and try our price checker tool. You can see how much a system will cost, and how much you can save over the next 20 years.
For more information relating to going solar, don't forget to visit our solar blog section for more handy guides and articles.
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