How much money can you save by using solar power electricity? Is this the ultimate renewable resource for reducing your electricity costs? Is it going to cost you a lot of money?

What do you need to know before you spend $15,000 to $25,000 installing solar electric power in your home and wait for 20-25 years to recoup your investment?

The electricity generated by solar power IS cheaper than the stuff you buy from your local power provider after the panels are up, but even if you save $1,000 or more annually on energy, the return is a very distant one.

To go solar, even with the best of intentions, is a major financial decision. When it comes to using solar power, I don’t want to rain on the parade since it’s possible. However, have a look at this:

If you live in a northern area, you will get a lower return on your investment in solar electricity.

However, even at its best, solar power can only meet about 70% to 80% of your household’s electrical needs in the summer when the sun’s rays are at their most intense.

There is a lot of skepticism about claims that solar power can supply 40% to 50% of your energy demands in the winter. In Florida, perhaps, but in the northwestern United States and British Columbia, winters can be notoriously dreary and wet, with the sun poking out only a few times a year.

In both the summer and winter, the sun goes down, and solar electricity is no longer useful.

Going solar DOES NOT entitle you to tell your local utility provider to shove their electricity, is what I’m trying to say. You’ll still need them, I promise! The following are a few strong reasons why you should investigate solar power systems.

The first thing to keep in mind is that if you do it the right way, you can save some power.
Since solar panels can last up to 30 years with appropriate installation and minimal maintenance, it’s a great investment.
A reduction in the demand for “dirty” fuels like coal and nuclear would be the third benefit of a widespread domestic switch to solar electric power.
When you generate some of your own power and do your part for Mother Earth, you feel good about it.

So how can you make solar electricity more accessible? It’s all up to you, so go ahead and do it!

The answer is no, it isn’t as difficult as you may imagine, and there are a variety of excellent “how to” packages available. Solar power panels can be made for $200 each, rather than $1,000 to $1,500 each, instead of purchasing them. You’ll save a lot of money by doing it yourself instead of getting a business to do it for you. In the same way, it isn’t hard to accomplish.

The cost of solar panels can be slashed by thousands of dollars if you build and install your own.