How much does residential Solar Power Cost?
The cost for residential solar energy generation varies greatly depending on several factors. Lets take a look at some of them.
1. How much electricity do you need, or want to make?
This should be the first question you ask yourself. Do you want to go 100% solar, or maybe you will want an integrated system that ties into the electrical grid to replace some of your electricity needs. The first step is to figure out how much electricity you need. This can be done by looking at your utility bill, the usage of electricity is represented by kWh or kilowatt-hour. 1 Kilowatt-hour is equal to 1000 watts of electricity used in one hour. Lets use my bill as an example. I will point out that your kWh will probably be different. Also there is a handy tool you can use for calculation that you can [...]
For those of you who read yesterday’s Solar Power Cost vs. Energy Bill Cost here is part two.
Some utility company’s around the US are raising there power prices up to 29% according to an article by USA Today. If your thinking your electricity bill is already astronomical then I have some bad news for you. Prices will continue to rise for the foreseeable future. An average household that spends $70 a month may rise up to $90, the fact is most of us are already struggling to make things meet and one more addition to our plate is not something we’re looking forward to. The good thing is there are plenty of ways you and your family can do to save money and cut down on toxic pollution as well. But lets delve into why energy prices are going up a little further which brings me to:
Solar Power Cost [...]
So here’s a tidbit of information that may not surprise you. Energy bills are going up, dramatically! Interesting how Solar Power Cost keeps on plummeting isn’t it?
So why are the energy bills rising you ask? Well how about this: Soaring costs of fuel – The availability and cost of fuel needed to generate electricity, not to mention the energy needed to bring said energy to you is a major deciding factor on how much you are charged for every kWh or kilowatt-hour that is used in a month of your household. Add on to this that supply and demand changes from season to season and also time of day. The higher the demand during the time you are using energy the more expensive it is. These are considered off-peak and on-peak periods.
Coal is continually rising in price and is considered a filthy generator of electricity. Also worth [...]
