Egypt's monthly inflation rises 1.3% in Oct, annual rate eases to 10.1%: CAPMAS    Egypt, Qatar intensify coordination as Gaza crisis worsens    Egypt prepares governmental talks with Germany to boost economic cooperation    Arabia Developments, ElSewedy join forces to launch industrial zone in New 6th of October City    Egypt, US's Merit explore local production of medical supplies, export expansion    Egypt, WHO discuss joint plans to support crisis-affected health sectors    IWG accelerates Egypt expansion, plans 30 new flexible workspace centres in 2026    Grand Egyptian Museum fuels hospitality, real estate expansion in West Cairo    400 children with disabilities take part in 'Their Right to Joy' marathon    Egypt touts North Coast as investment magnet after $29.7b Qatar deal – FinMin    Egypt's Foreign Minister discusses Gaza, Sudan with Russian counterpart    Russia's Putin appoints new deputy defence minister in security shake-up    UNESCO General Conference elects Egypt's El-Enany, first Arab to lead body    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt, Albania discuss expanding healthcare cooperation    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Hungary, Egypt strengthen ties as Orbán anticipates Sisi's 2026 visit    Egypt's PM pledges support for Lebanon, condemns Israeli strikes in the south    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Egypt, Medipha sign MoU to expand pharmaceutical compounding, therapeutic nutrition    Egypt establishes high-level committee, insurance fund to address medical errors    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Syria releases preliminary results of first post-Assad parliament vote    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Pros and Cons of Solar Energy
Published in Bikya Masr on 20 - 01 - 2010

Are you considering “going solar”? If you are, you should carefully weigh the pros and the cons of a home solar energy system. These pros and cons will vary, because all homes are different and all locations are different. Here are a few pros and cons of solar energy to get you thinking about whether a solar energy system is right for your home.
Cons
Let's start with the biggest downside to solar power: Solar is expensive.
Even with state and federal government incentives, if you want to generate enough solar energy to power your entire home, you can expect to spend anywhere from $15,000 to $45,000.
Although this investment will eventually repay itself, it will take some time. With a government-funded tax credit, you can still expect to wait at least ten or even fifteen years before that investment pays for itself. In a worst-case scenario, it might take twenty or twenty-five years for your solar power investment to pay for itself, which is bad news as most PV solar panels have a life-expectancy of about twenty-five to thirty years.
Another con is that solar is not very efficient unless you live in a place that gets a lot of direct sunlight. If you have a home whose roof doesn't face south or whose south side is obstructed by buildings or trees, your solar panel will still work, just not very efficiently. Likewise, unless you live in the Sunbelt, your solar panel system may not be as effective as you had hoped.
Pros
If you're thinking seriously about going solar, now is the right time to do it. Thanks to President Obama's Recovery Act, government incentives to switching over to solar have never been better. Tax credits and assistance with paying for installation can cut in half the amount of time it will take for an investment in solar to pay for itself.
Furthermore, due to supply and demand, the price of solar panels is finally starting to drop. Solar is more affordable than ever before, but the tax credits probably won't last forever; therefore, now is the time to act on your dream.
No matter where you live, there's sun. Granted, areas that get less sun make for less efficient solar panels, but even in Seattle, people are successfully using solar energy to power their homes. When your neighbors lose electricity because of a blackout, a thunderstorm, a hurricane, or an earthquake, you will still have power. You will have become energy independent.
Besides the financial benefits to switching over to solar, there are also the moral benefits. When your home is powered by solar energy, you will know that you've made a significant step towards reducing the size of your carbon footprint. You'll know that you're doing something good for yourself, your children, and your grandchildren. This reason might be the best reason of all to switch to solar energy.
**Shannon Bell writes for residentialsolarpanels.org a non commercial blog focused on her Photovoltaic experiences to help people understand how and why they should save energy starting investing in solar power. She writes on her blog to help people learn how to start save energy from the scratch and then apply those experience to the next level.
BM


Clic here to read the story from its source.