Browse Category: Solar Energy

Solar Energy

The Solar Payoff: Our Electric Bill Fell By 91%!

Solar EnergyWe recently received our first monthly power bill since we decided to install solar panels on our roof.

As I posted previously, we did not expect our electric bill to actually go to zero.

But our results were pretty much as good as we could have hoped!

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The Hidden Costs Of Solar Energy

Solar EnergyLast month, I wrote a series of articles about our decision to purchase a home solar energy system, and my belief it will ultimately help us on our path towards financial independence and early retirement.

The first post outlined our decision-making process.

The second post discussed our solar installation.

And the third highlighted the initial performance of our solar panels.

Today, in an effort to share some additional information on the topic, I want to identify some of the potential hidden costs to going solar I found useful to consider, even though they didn’t show up in the quote from our local solar energy company or most of the research I did on my own.

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Our First Week With Solar Energy!

Solar Panel
We can track online how much energy is being produced by each of the solar panels on our roof!

Over the past week, I have written about our decision to go solar, as well as our recent solar installation.

Today we get into the fun stuff: how our new home solar energy system has performed during the first ten days of a (hopefully!) long and productive life!

Our inverter, which converts the direct current generated by the photovoltaic panels on our roof into the alternating current that can be fed into the electrical grid and used to power our home, is made by a company called SolarEdge.

While the science behind how the inverter works is no doubt fascinating, I am more interested in the impact the solar panels and inverter will have on our electric bill!

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Our Solar Installation: The Waiting Is The Hardest Part

 

Solar Energy
Solar Facts, courtesy of a nutritional sticker on our solar inverter!

One of my favorite songs by Tom Petty and the Heartbreakers is “The Waiting.”

I’m not usually that good at discerning the meaning of lyrics, but in this case I’m pretty sure Tom was singing of his anticipation about the installation of a new home solar energy system.

Last week, I shared my thoughts on our decision to go solar.

The process took several months from start to finish, and the waiting was definitely one of the hardest parts!

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Should We Go Solar?

Solar Panels
Not a picture of our home!

Over the past several years, I’ve noticed the installation of more and more solar panels in the area we live.

I’ve long been intrigued by the idea of solar energy, but as someone who tries to base most of his financial decisions on facts and numbers, rather than emotions or peer pressure, it never made sense to me.

A local solar provider recently offered an incentive program through my employer. While the incentive was modest, it was enough to get me to seriously run the numbers, and do some further research about the pros and cons of solar energy for our family.

The verdict?

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