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Wednesday, August 5, 2009

The Cost Of Solar Power

If you are looking for an alternative energy source for your house, solar power could
be for you if you have the right resources. As a general rule right now with today's
technology, solar power can be very expensive. An average American either uses
electricity or gas to provide heat to the house. These fuel sources can also be used
for producing hot water, running your washing machine, and any other appliance or
entertainment device you might have in your home. In some parts of the countries,
such as the Northeast and out west, the cost of electricity and gas products are very
expensive.
Solar power can be an alternative for your house. In a typical house there is a usage
of over 14,400 watt hours per day. That's a lot of juice going to your house. The
more family members you have and the more you are at home enjoying modern
comforts the more electricity you will use. Solar panels can create 70 mW per square
inch. In the course of the day these solar panels might receive about five hours of
sun. This only equals 350 mW hours during the day. So to get the energy you need
for your house which is at 14,400 W hours per day you would have to have 41,000
in.² of solar panel for your house. If you do the math that is almost 300 ft.² of solar
panels. At today's prices that would cost you around $16,000.
Not only would you need a solar panel you'd also have to have a battery bank and an
inverter. Adding these would double your cost of installation and adding materials
and a 48 average size ouster, you are looking at close to $32,000. If you want to add
an air-conditioner to the mix you might as well double that figure to $64,000 for
installation. Added to the installation cost you also need to make your house energyefficient.
This means the closing of cracks between doors and windows. You would
also have to use energy-efficient appliances. You may put the hybrid or hot water
heater so that it only uses electricity during the times that you need it. You would
have to switch over from a desktop to a laptop computer to save on electricity.
This might reduce your need for such a large solar panel but in reality this would not
really stop the sticker shock or the upfront money you need to pay. When you pay
for electricity the traditional way, it only costs around a hundred dollars an hour to
purchase power from the power grid. Of course you should pay for usage but the
hookup to the power grid is a fractional amount of money compared to the large
amount of money you would have to spend to install solar panels on your house.
You have probably seen solar panels on houses in remote areas or as a lot in one
neighborhood. These people have bought these to be more eco friendly and have
invested their money for something they believe in. You too can do this if you have
the resources and the finances, but it might be feasible to wait until the technology is
more efficient and less expensive than it is right now.
Keep up on the technology that is being developed. Periodically go to the internet or
to a science trade publication and see what advances have been made concerning
solar cells and solar panel technology. There may be a break-through that would
bring the prices down so that they are more affordable for the common man. You
might want to start with a small solar panel and just direct that energy to one
appliance that might be draining you, such as a freezer, a water heater, or a washer
and dryer. Technology is moving at light speed these days and the resources to bring
down the cost are here.
My Zimbio
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