Solar Power for Houses: Your Residential Solar Power System

Pros

The most obvious advantage to solar energy is no operational carbon emissions.  Other advantages include reduced dependence or even complete independence from fluctuating energy markets and efficient power generation in areas that do not have access to a power grid.  In areas that do not have access to the power grid, it is frequently cheaper to buy a photovoltaic system than it is to pay to extend the grid, or to buy and run a diesel generator.

While energy prices have gone down recently with the global recession, it is unlikely that they will stay down.  When the economy improves oil prices will likely go back up, and energy prices in general will probably follow.  Once your solar panels are set up, the vast majority of your costs have already been paid, and rising electricity prices will be something that happens to other people.

In certain areas of the USA, there are programs that will let you lease solar Grid-tied Systems. This eliminates the high start-up cost problem if you are lucky enough to live in one of those areas.

Cons

There are also disadvantages to solar photovoltaic power.  Solar energy requires sunlight.  Photovoltaics do not produce power at night, and the amount of power they produce on cloudy days is much reduced from what they produce in sunlight.  They also produce more electricity during the summer than in the winter.  This is an advantage if your air-conditioning bills are higher than your heating bills, but in colder climates this is a disadvantage to solar power.  In climates with many cloudy days, power output is reduced from its full potential, which means that your initial investment takes longer to pay back than you might expect from tests in Spain or California. 

Purchasing and installing a solar system involves a substantial outlay of capital.  Prices for solar photovoltaic sytems are falling, but the cost is still prohibitive for many people.

Sources:

Home Power Magazine http://www.homepower.com/home/

Solar Photovoltaic Cost and Price Trends Retrieved May 16, 2009 http://www.solarbuzz.com/StatsCosts.htm

This entry was posted on Saturday, May 16th, 2009 at 11:56 am and is filed under Home Solar Power, Solar Panels. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.