Tag Archive | 2 facts about solar energy

How To Get The Most Out Of Solar Energy Sources

Solar energy continues to grow in popularity because it is easier and cheaper than ever to get. There are many choices for solar power to suit the needs of homes and businesses everywhere. It is a good choice because it saves money, helps the environment and uses the sun as an endless source of power.

If you find that you cannot afford solar panels at the moment, you should stay up to date with new products and technologies. Scientists are regularly coming up with new technologies and materials that can be used to build more efficient and affordable panels, which means solar energy should become a more efficient solution in the future.

If you cannot afford to purchase a solar energy system for your entire house, consider using it in just one or two spaces. Solar energy is a great option for heating swimming pools for instance, or bringing additional warmth to a cooler bedroom. You can always start small and purchase more later, as your budget allows.

Once your solar panels are installed, you need to keep track of how much power you are producing and using on a daily basis. Invest in a quality monitoring system and look at the data as often as possible. If you notice your panels are not producing as much energy as usual, it might be time to clean them.

Always check the regulations in your particular area before installing solar energy systems. Many locales make you have specific permits. It would be costly to have to remove them and reinstall them.

The benefits of using solar power can extend into your tax bill. Many areas around the United States are pushing heavily for solar-energy use, and due to this, they are willing to give you a discount on your taxes if you install a system in your home or business.

If you are wondering if solar energy is the right choice for you, why not try leasing a system first. Leasing means paying a much smaller initial cost, which should allow you to start saving within a few months.

Buying a small solar panel system is better than not having one at all. For many people, it is far too expensive to install a system that would power their entire home, but starting small is better than not doing anything. There are many options out there when it comes to size, so check them out.

If you are planning on meeting with a consultant to install a solar panel system, you need to make sure you are prepared. Have a list of all electrical appliances along with their wattage and the number of hours you use them on hand. Any good consultant will need to know this information before a solar panel can be installed.

As you can see, there are many reasons for choosing solar power. The popularity of solar power is due to the rising cost of fossil fuels, the growing trend for going green. Switching to solar power can be very easily accomplished and it is a investment that will continue to pay of for years to come.

Tesla offers $2.6B for SolarCity to Speed Sustainable Energy

Tesla will buy the solar panel maker SolarCity Corp. in an all-stock deal worth around $2.6 billion.

The deal must still be approved by the government and shareholders at both companies. It’s expected to close in the fourth quarter if it goes through.

Tesla, a 13-year-old maker of electric cars and energy storage systems, said Monday that the tie-up would create a one-stop shop for cleaner energy. With one service call, customers could get their solar panels installed and connected to Tesla’s Powerwall storage unit, which preserves energy for later use. Users could also get the system hooked up to chargers for one of Tesla’s vehicles.

“Musk, the chairman and biggest shareholder of both companies, during a conference call.

But some have questioned the wisdom of the deal, which combines two money-losing companies that already have a lot on their plates. Tesla is working feverishly on its new, lower-cost Model 3 sedan, which is due out by the end of next year, and Musk recently said the company is also working on electric buses and semi-trucks. And SolarCity said Monday that it experienced lower-than-expected residential bookings in the first half of the year, so it’s reducing its full-year guidance for megawatts installed to a range of 900 to 1,000 megawatts. Its previous outlook had been for 1,000 to 1,100 megawatts.

Others have questioned the conflicts of interest in the deal. Musk owns a 26 percent stake in Tesla Motors Inc., based in Palo Alto, California, and a 22.5 percent stake in SolarCity, which is based in nearby San Mateo, California. Musk’s cousin, Lyndon Rive, runs SolarCity.

SolarCity’s stock slid more than 6 percent to $25.07 in early trading Monday. Tesla’s shares fell 2 percent to $231.01.

But Musk said the companies have a lot of synergies that they can’t take advantage of unless they’re combined.

“The point of the merger is to get rid of the conflicts,” he said. “Until then it’s very limited what we can do unless we are one company.”

Musk said he had no role in establishing the value of the deal.

“I know about as much as you do about how this price was obtained,” he said.