#1 Mitigate Risk
Solar energy is an excellent way to hedge against rising energy prices. Solar energy produces electricity at the retail rate so even when electricity rates rise, your solar bill doesn't. Once you finish paying off your solar system you don't have a electricity bill anymore. Plus, solar doesn't pollute the environment as much as other forms of electricity and decentralizes our energy grid, making it more reliable.
#2 Upgrade your home
If you're looking to upgrade your home, installing solar panels can be a great way to make sure your home is safe, even in the case of an emergency. Installing a solar battery and/or a generator can provide electricity for your home in case of emergency situations.
When you install a solar panel system, you will be able to upgrade your home with energy-efficient appliances and other improvements, such as upgraded insulation or the roofing of the property. Solar energy has been around for many years, but it's only recently that it has become affordable for homeowners all across the country.
#3 Save money
Solar technology has greatly improved since first implemented in late 2000s residentially. It's now cheaper than utility providers in most states. The average home spends $1,200 per year on electricity. A typical solar panel system will pay for itself in about 10 years, and could save you $2,500 per year on your energy bill. That's money you can use to invest back into your home or other financial goals.
#4 Help your community
A decentralized grid is a network of homes and businesses that get their power from non-utility producers and local energy sources. This takes the pressure off of centralized utilities who are having trouble keeping up with a growing demand for energy.
In addition, decentralized grids help keep electricity prices low for everyone because now you only use as much electricity as you need instead of relying on a utility company to produce enough for everyone. This helps keep costs down since you’re not paying for sources of power you don’t use.
Solar energy provides an increasingly important way to decentralize our grid network and minimize our reliance on centralized utilities while providing clean, renewable power to everyone.
#1 Generate Electricity From The Sun
Solar panels are comprised of smaller solar cells which are made of the element Silicon. Whenever sunlight hits the the element silicon it creates electricity.
Fun Fact: The name Silicon is derived from the Latin word 'silex' or 'silicis', which means flint. "Flint"stone is made of mostly silicon and has been used to create fire. Now it's helping us generate electricity from the sun!
#2 Convert Electricity With Solar Inverters
Solar panels produce direct current (DC) power while we use alternating current (AC) electricity for our homes and businesses. We must convert this DC electricity to AC power with solar inverters.
Tip: Do research whether your property is best suited for a string, micro, or string with power optimizer inverter(s) to go with your solar panel installation.
#3 Net Metering
Connect the wires and circuits into the solar energy system and direct this electric current to power our electric powered appliances. In Texas, your solar system is grid tied so any excess power generated goes to the grid to power neighboring homes and businesses. You can save money with the solar net metering program.
#4 Generator Backup
Do you remember when the grid went down across Texas during a winter storm and people were without power for days? Well, that kind of thing could never happen to you if you decide to install a generator system at home. A benefit of installing a generator is that you’ll never be without power again. If the grid goes down then you can switch to a natural gas, propane, or gasoline generator for electricity.
#5 Solar Battery Backup
Numerous people have solar panels installed today which pay for themselves through savings on their electricity bill. These people are living proof that the cost of solar panels is no longer an issue. However, if you live in an area where there are frequent blackouts or need energy backup for your home then your solar panels will not be able to function when the centralized utility grid goes out. Installing a solar battery backup system will ensure your home or business keeps power in the event of an outage.