With all-time high inflation rates, mortgage interest rates rising and our climate changing, Halifax homebuyers are concerned about energy bills and usage now more than ever.
When new buyers reach out to us through our website, one extremely common question we receive for any given property is: what are the utility costs? While there are many ways to conserve energy or reduce your utility costs, one of the newer and definitely the cleanest way is to install solar panels.
If you’ve never understood exactly how solar works and what the advantages are, read on to have your questions answered.
You’ve seen them on rooftops, office buildings and even calculators and watches: solar cells. These solar cells, also called photovoltaics (PV), convert sunlight directly into electricity. PVs are made of semiconducting materials similar to those used in computer chips. When sunlight is absorbed by these materials, the solar energy shakes loose electrons from their atoms, allowing those electrons to flow through the material to produce electricity. This process of converting light (photons) to electricity (voltage) is called the photovoltaic (PV) effect.
Solar cells are usually put together into modules that hold about 40 cells. Then ten of the 40-cell modules are mounted on flat plate arrays (we know them as solar panels). These flat-plate PV arrays can be mounted at a fixed angle facing south, or they can be mounted on a tracking device that follows the sun, allowing them to capture the most sunlight over the course of a day. Ten to twenty PV arrays can provide enough power for the average American household. Hundreds interconnected are needed for large electric utility or industrial applications.
Solar technology continues to advance. The latest, greatest thing to come down the PV pike is thin-film solar cells. These cells are made of layered semiconductor materials that are only a few micrometers thick. This thin film technology makes possible roof shingles and tiles, building facades and window glazing made of photovoltaic material. These shingles and glazing are just as protective and durable as conventional shingles and glazing.
There are, naturally, pros and cons to using solar panels. Some of the advantages include
- No carbon emissions. No pollution, no waste. It’s some of the cleanest energy you’re bound to find in this or any other galaxy.
- Freeing yourself (at least partially) from power companies. No more dependence on the power grid system, no more being at the mercy of outages and rate hikes.
- Price. The average cost for a home installation of the typical solar panel system is $35,000. There are two types of solar panel systems: solar thermal system and the solar electric system. The solar thermal system is less expensive than solar electric systems. Solar thermal systems can cost as little as $7,700, but a typical solar electric system costs about $44,000. Rebates are available for the installation of solar panels.
- They must be protected from mechanical damage (in particular against hail impact, wind and snow loads, ice). This is especially important for wafer-based silicon cells which are brittle.
- Some people think they look bad up there on the roof.
But if you’ve got some money to invest in something that will eventually pay for itself and you’re interested in reducing your impact on the environment, solar may be the way to go. Click the link below to learn more about owning solar panels here in Halifax! There are some great opportunities in our city for financing and rebates for those who wish to go green!
Do you have solar panels, or know someone who does? Let us know your experience!
Licensed Real Estate Assistant
The Andrew Perkins Real Estate Team
Keller Williams Select Realty