Solar Energy Advantages: Low Solar Panel Cost And High Rebates
updated at : Tuesday, April 10th, 2018
Solar Energy Advantages Are Low Solar Panel Cost And High Rebates
Do you get cold feet when thinking of purchasing a solar system because of the costs? Well, now you can relax. The costs of solar systems are becoming more affordable. Solar energy advantages of lower electricity bills and less pollutant releases to our environment are more attainable now for the consumer because of continuous decreases in the costs of solar systems.
The solar energy costs continuously are decreasing making it more and more affordable for consumers to have solar system in their homes. According to the US Solar Energy Industries Association, Solar Panel costs were 60% lower in the second quarter of 2013 when compared with early 2011. Also with the addition of tax credits and state incentives through rebates, solar is much more easily affordable. The prices of polysilicon, the key ingredient in solar panels, have dropped 93% over the last three years which is attributing to the huge reduction in solar panel prices. The low solar panel cost and high state and federal government rebates have made solar systems much more affordable way of harnessing the power of renewable energy. According to Clean Technica.com, in the next 2 years, solar costs will fall another 40%. This is huge for home owners who are considering installing a solar system in their home. The question to ask now is, “ Why wouldn’t I as a home owner install a solar system in my home when the costs of owning a solar system are becoming more affordable?”
High costs of solar systems are becoming a thing of the past. With costs of solar components going down, the overall costs of solar systems are becoming more and more affordable for everyone. You don’t have to wait any more. Owning a solar system is no longer a dream but a reality.
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