Is Making the Switch to Solar Energy in Your Home Worth the Cost?

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Have you been living under a rock for the last 20 years? If not, then you’ll no doubt realize the extent to which we are living through a climate emergency that is destabilizing the world as we know it.

You may be asking yourself if there’s anything you can do to combat this. While the problems we face may seem intractable there are some simple things you can do in your everyday life to try to put things right. And, of those ways is through solar energy.

Here’s everything you need to know about whether switching to solar energy and solar panel installation is the right solution for you.

1. How High Are Your Bills?

How high are your energy bills? This varies widely. In many states, you can get away with paying just $0.08 per Kilowatt but in other areas, you can pay $0.20 or $0.28. Your consumption will also be defined by how much electricity you need on a day-to-day basis.

If you have a large family and a huge house where one parent works from home then you’ll no doubt be spending more regardless of your rate. If, however, you are single, live in an apartment, and spend most of the day at work, chances are your electricity bill will be small.

If your electricity bill is sky-high, you will benefit most from installing solar panels. It’s some of the cheapest energy in history because you are generating your own energy and not buying it in. Moreover, if you produce an excess of energy you can often sell this on to private solar energy companies or even the government.

2. Do You Live in a Sunny State?

Whether you live in a sunny state like California, Florida or Colorado will also determine if you should install solar panels. If you live in Colorado be sure to check out these top solar companies for installing solar panels for home.

The sunnier the state and the more days of sun you get per year, the more solar energy you are likely to produce. However, if you live in a state where you only get a little bit of sun, such as Maine, you might decide the costs outweigh the benefits. However, you can still bank up the energy you do make when the sun is out.

3. Could You Use Wind or Hydro Instead?

Wind or hydro are other solutions that could help save the environment. But they each come with their own problems. For instance, wind turbines are expensive and large, your neighbors might object to them, and they might not turn every day of the year.

At the same time, hydroelectricity systems are complicated and require lots of installation. If you don’t have a water tank or a nearby source of running water it can also be difficult.

A combination of hydro, solar, and wind can ensure that you have a fully functioning eco-energy system for your home.

Solar Energy: Is it Worth It?

Is solar energy worth investing in? In almost all cases, yes it is. You will be contributing to saving the planet from the devastating climate emergency it’s currently facing.

It will save most people lots of money on their current electricity bills but this does depend on where you live and you may want to combine solar with hydro and wind energy.

If you are interested in reading more helpful tips on how to live better, be sure to check out the rest of our articles!