During the summer, Houston can hit triple digit temperatures. Homeowners spend hundreds each month cranking up their air conditioners. Instead of purchasing electricity from the power company, homeowners can completely eliminate their utility bills by switching to solar power and upgrading their homes with energy efficient upgrades.
Cheaper Prices and Bigger Savings
Manufacturing costs associated with solar panels are dropping fast, and homeowners are reaping the rewards. Adjusted for inflation solar panels in 1989 cost $8.78 per watt in 2010 dollars, but the average price per solar panel in 2010 dropped to just $2.79, its cheapest price ever. In that same time period, photovoltaic panel shipments increased 100-fold.
Compared to fossil fuels, photovoltaic technologies offer a reliable and future-proof energy source. Since 2002, coal has nearly doubled in price while petroleum costs five times as much. If current trends continue, solar panels will cost about $1.00 per watt by the end of the … Read Full Post »