Is solar power to capital expensive?
Can you justify the purcahse of solar power. Does it have an adequate pay back period?
Yes, it is capital intensive. What you need to look at isn't the payback period with just the solar power, but look at what government incentives you get. There are numerous incentives available to homes from federal and local governments, especially with the recent stimulus packages.
They're the ones that make the whole industry viable right now - like it or not.
Solar Power is very good from of energy, it is clean and does not give any hazards to the environment but it typically expensive.
Yes, solar does have an adequate pay back period... however it depends upon where you live, how much sun you get. That being said, it is widely agreed upon that the United States and many other countries will reach grid parity by 2015 - where it will no longer be cost effective to buy power from the UTILITY... case in point, Hawaii has already reached grid parity.
by pramodgokhale2 years ago
Solar power plant,how they distribute power through grid? is it expensive ?In India national solar mission is promoting solar power utilities and investment is being done by private industries.Many provinces has 300/330...
by PhoenixV8 months ago
Which Works The Best Solar Power Or Wind Power?Which alternative energy is the most feasible, wind generators or solar panels? Which of these is the most efficient and which makes the most sense cost-wise and why?
by ngureco6 years ago
How to Build Solar Power System at Home
by ngureco8 years ago
How Can I Power My Laptop Using Solar Power?
by russellwnentwich6 years ago
I recently came to the conclusion that no new house should be built without solar power, and solar water heaters installed.Currently solar power cells cost more per kilowatt hour than conventional power does. But, what...
by Makemoneycashflow8 years ago
Introduction to Solar Energy Solar Power is a form of energy and is generated by the sun. This kind of energy can be harnessed using cells and converted into electricity or thermal energy. It is the earthâ��s most...
Copyright © 2018 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.