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Here Comes the Sun: The Growth of Residential Solar Energy

Here Comes the Sun The Growth of Residential Solar Energy The Facts About Solar Power 8.2 million quads 1/hr of solar energy hits the Earth annually, but we only use 400 quads. 10 11 12 The Earth receives more energy from the sun in 1 hour than is used in 1 year. Only 0.0005% of the globe would need to be covered with solar panels to power the entire world. Combined, solar energy users save 75 million barrels of oil and 35 million tons of carbon dioxide each year. Only 25% of residential and commercial rooftops in the U.S. are suitable for solar installation. Shared solar could triple access to solar panels in the U.S. The Process and Benefits of Converting the Sun's Rays Into Energy Solar panels convert the sun's energy into electricity. A control device changes this electricity, enabling it to power electrical items. The electricity passes through a breaker box 4. Items such as a television to outlets in and lamp can plug into the outlets. the building. You save money on rising utility rates from fossil fuels including coal, oil, and natural gas. The power from the sun can't be purchased or monopolized. XIX 600 sq/ft The average solar panel size needed to power an Once panels are installed, they require little average-size house is just 600 square feet. maintenance. All the components in a solar panel can be recycled. Many governments pay solar panel users for the energy created. O $55,00 0 O The average cost of installing a 600-square-foot solar system is $55,000. Solar panels do not produce any harmful greenhouse gases. Projected savings in New York, California, and Florida: Solar panels save Projected savings in Hawaii: money over time. Average projected 20-year savings in 2011: S20,000 More than Nearly S30,000 S65,000 The Growth of Solar Energy There are now 13,000 megawatts of cumulative solar electric capacity operating in the U.S., enough to power more than 2.2 million American homes. U.S. Solar Panel Installations by Quarter 2,000 Residentigl Non-Residential Utility *utility-scale solar power plants 1,500 1,000 500 Q3 Q1 Q2 Q3 Q4 Q3 Q4 Q2 Q3 Q4 29% 41% 60% decline in price of solar panels since 2011 Percentage of new solar electricity generation added in 2013; solar is now the 2nd largest source of new electricity. Percentage increase in 2013 of photovoltaic capacity installation, a record year. New solar electric capacity projected to be added in 2014 will generate enough clean energy to power more than 1.13 million American homes. AA Though the sun is far older than electricity, more and more homeowners are just now tapping into its potential. Brought to you by: In Partnership with: CUSTOM E| MADE GHERGICH&Co. 끔 2013 음 2013 a 2013 H 2012 & 2012 E 2012 * 2011 끔 2011 司 2011 吕 2010 吕 2010 台 2010 Installations

Here Comes the Sun: The Growth of Residential Solar Energy

shared by Ghergich on Sep 17
It’s easy to forget how essential energy is. When you walk into your home, and turn on the lights, or start that microwave popcorn, your wallet is slowly being whittled down by using electricity. Ho...


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