Month: April 2016

Top Ten Fun Facts About Solar Energy

Sunlight is free and it is the most reusable, sustainable and cleanest power source on our planet. Solar energy has been around for about 4.7 billion years. We have now learned to harness the power of the sun with photovoltaic cells that can power homes and even aircraft.

10 Fun Facts About Solar Energy

1. The earth receives 1,366 watts of solar energy per square meter everyday. About 30% is reflected back but the rest of it is absorbed by the planet. 2. The total amount of solar energy absorbed by the earth in a year is approximately 8,000 times more than the total consumption of energy world-wide. This is 40,000 times greater than the amount of energy used annually in the United States. 3. NASA has experimented with unmanned solar powered aircraft for over 30 years. The Pathfinder Plus and Helios Prototype are examples. 4. The world’s largest solar power plant is located on 1,000 acres in California’s Mojave Desert. 5. Solar power can be passive in just supplying warmth and light. Windows are passive solar systems allowing light and energy into a room. Shutters, shades, blinds and curtains are designed to control the amount of sunlight coming in through a window as well as to provide privacy. Tinted windows are used to limit harmful ultraviolet rays. Greenhouses and conservatories use a passive solar system for light and warmth. They usually have windows on three sides to bring in light. 6. The sun’s energy comes from nuclear fusion. This is the combining of atoms rather that splitting them as in nuclear fission. (Nuclear fission is used for reactors and weapons.) Science is working on ways to harness nuclear fusion as the ultimate energy source without creating any destructive elements. Hydrogen extracted from seawater using a nuclear fusion process can supply more energy than fossil fuel. 7. Solar panels contain photovoltaic cells that use semiconductor materials that attract sunlight. When the sun hits the cells, electrons are released from their atoms. The electrons flow through the cells providing energy. 8. Solar panels have a lifespan of 25 to 30 years making them an outstanding investment for homes and commercial buildings. 9. Homeowners using solar panels spend approximately $1,200 less on electrical costs each year. This is an average based on the location of residences. Power that is not used in the residence is contributed to the the public grid system. Solar power users receive credits for their contributions. 10. Solar power does not work at night but the energy can be stored in batteries. The stored energy can be used after dark or on cloudy days when the solar cells receive less sunlight. Special quinone-based flow batteries are in the experimental stage as a better means of storing solar energy. Thermal storage tanks are another new development for energy storage. Future technology will improve our ability to use the sun’s unlimited energy.
solar roof panelsWhen most people think about solar power system, they often think about solar panel and solar panel installation. What they do not realize is that there is much more to solar energy than just the panels on the roof. There are several creative applications that can be used to harness power from the sun.

Solar Power Cell Phone Chargers

These chargers are excellent for anyone whose phone often dies when they are not at home or in their vehicle. There are a few types of solar power phone charges. Some need to have the cells embedded in the phone, some are sold as a charging device, and some are a cell phone cover with solar cells. It usually takes 2 hours of sunlight to get 30 minutes of talk time.

Solar Power Backpack

You can purchase a backpack that is covered in solar cells, that will charge all of your electronics inside. It is a great way to charge a phone, GPS, MP3 player, and laptops.

Solar Powered Attic Fans

Keep the space between the attic and the roof dry with a solar attic fan, without costing additional money on energy charges.

Solar Hot Water

A solar hot water system will give you free hot water using the sun. With solar a solar hot water system, you can save greatly on your energy bills.

Solar Fabric

Solar fabric is made when solar cells are woven into textile fibers. One product where this works great is a solar tent. When inside, you can charge all of your electronics using the solar energy. Solar Paint Solar paint can be used on siding, roofing materials, windows, and other building materials. It is a great way to generate energy from the sun. When used around the home, this paint can on energy costs. Solar Cookers If you like camping or off-grid living, solar cookers are great for you. You don’t need electricity to use the cooker, and if used in the home, the heat won’t overheat the home the way that a traditional oven will. Solar Lawn Mover This is a great way to cut the lawn, without needing to use gasoline or electricity. When the embedded solar panels are left in the sun for a few hours, the panels generate  enough solar energy to cut the grass all afternoon. Solar Street Lights and Traffic Lights Many cities and towns use these already. A solar panel is placed beside the sign, giving it the power it needs to run, without spending the taxpayers money. Solar Power Generator These are great for anyone struggling when the power is out. Because they run off the power of the sun and not gasoline, you don’t need to drive around to find a gas station that has power. With all of the strives that we are making when it comes to solar power, it is only a matter of time before everyone will be using the sun to generate clean energy for all of their electricity needs.
In order to promote the use of solar power in American homes, the Department of Energy and EPA have come together to offer tax credits for homes that use solar energy. Understanding how to take advantage of the solar panels available to you may seem difficult, but it need not be. This guide will explain how federal solar energy tax credits work.

Why Are Tax Credits Available?

Tax credits are provided for Americans who rely on solar power because it is excellent for the environment. It does not pollute the world around us, and it reduces the reliance on fossil fuels. The hefty price you spend to reduce your carbon footprint means that the government will give you a tax break.

Solar Installation Credits

In 2016, all solar power systems that are approved by Energy Star would allow homeowners to claim 30 percent of the cost as a tax credit. Credits are taken off the amount of tax you would have paid, not from the portion of your income considered taxable. Homeowners are allowed to claim credit for homes they live in, vacation homes, and new constructions.

How to File for Solar Credits

Claiming this credit is not difficult. Simply file the IRS Form 5695 alongside the rest of your tax return. You will be asked to determine the credit you deserve on the form and then fill in the number on the Form 1040. For installations up to 2019, you may receive a 30 percent tax credit. The credit’s percentage will begin to decrease after that point, reaching 22 percent in 2022.

Restrictions on Solar Credits

Here’s the bad news: you cannot receive the full credit if it turns out that the credit is bigger than your tax bill itself. You won’t expect to receive a refund because of it. On the other hand, you will be allowed to carry the credit over for the next year. There is no cap on the credit amount; however, you cannot claim credit if you install the system on a property that you rent out. Reduced credit is available for homes you live in part time. Additionally, you may not receive a credit for solar panels that heat a swimming pool or hot tub. If you are intent on solar panel installation, the tax credits will be just one more incentive to relying on solar energy. For many, it is just an added bonus rather than the central reason for having the panels installed.
The number of solar panel installations has increased over the past couple of years, owing to various improvements in solar technology and increased sensitization on the benefits of solar energy. Below is a brief look at the top benefits of switching to solar.

1. Increase the Value of Your Home/Building

Home buyers and tenants understand that a building structure fitted with a solar power system translates to lower energy bills. In addition, they know that solar energy is environmental friendly. Hence, solar panels are likely to make your home more attractive on the property market.

2. Save on Energy Bills

Switching to solar energy enables you to significantly cut your energy bills. As such, you are able to save hundreds of dollars from your regular electricity bills.

3. Renewable Energy Source

Solar is a renewable source of energy. Unlike fossil fuels, which run out after some time, you won’t have to worry about sunlight ever running out.

4. Government Incentives

You can benefit from a wide range of incentives offered by both state and local government when you install solar panels. An example is the lifting of the $2,000 cap on Federal Solar Tax Credit, which enables you to claim back 30% of the total cost of equipment and installation of your solar power system. Other incentives include Solar Renewable Energy Credits (SRECs) and tax rebates. All these incentives combined can enable you cut the cost of switching to solar by almost half.

5. Predictable Energy Costs

Solar power has a distinct advantage over mains electricity in that you no longer have to worry about fluctuating energy bills. Electricity bills have been on the increase over the years, with power companies blaming the fluctuations on several factors such as variations in oil prices, forex adjustment etc. Solar energy is not affected by any such factors. Hence, you can be sure that you have made a secure investment by installing solar panels.

6. Environmental Friendly

Solar power systems reduce the environmental impact caused by non-renewable energy sources. Solar panels produce clean electricity – reducing carbon dioxide emissions and effectively lowering the carbon footprint.

7. Energy Independence

Reliance on petroleum has brought about numerous challenges to the economy since a good percentage of the crude oil has to be imported. Solar energy eliminates this dependence on foreign energy.

8. Scalability

Solar panel installations can be scaled to fit different applications. Apart from the residential solar power systems, you can find solar panel configurations and options to fit commercial applications such as office or industrial complexes, educational institutions, and government agencies.

9. Solar Financing Options

Solar panel installation can be financed in two major ways, either solar leasing or solar purchase power agreements (PPAs). As a homeowner, you can choose the option that works best for you in order to switch to solar for little or no money down.

10. Reliability

Solar panel systems are very durable and reliable. You don’t have to worry about repair or replacement costs, apart from the occasional maintenance.
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