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| Dept:
Healthy Home Q&A
Solar Series
Part 3: The Future of Solar Energy
Production |
Q: Where is solar energy
headed? Are there any exciting advancements happening now that
will change going solar in the future?
A: With recent energy economics, solar applications
for homes and businesses have become a real alternative. Solar
panels are popping up on homes across the landscape, and photovoltaic
(PV) systems that tie into the utility grid are increasingly generating
keen interest.
One of the most exciting trends on the horizon is the move away
from the concept of centralized power production towards a more
cooperative view of energy generation. For example, residences
and commercial structures across the country can generate excess
power in small bites that collectively add up to a very large
contribution to energy production. Millions of homes can add power
into the national grid during the day and then draw back that
power during the night for use in their home. Large companies
like Google and Intel, among others, have installed PV solar systems
on their headquarters. Production plants, such as Applied Materials,
a semiconductor equipment manufacturer for Intel, also make components
for solar panels.
This increased availability of solar applications, which is sure
to continue into the future, may be due to an increased role of
refined silicon in the production of solar panels, making them
more available to a wider range of consumers. The thin film technology
now being used for panels allows solar companies to use less polysilicon
(an expensive material due to more demand than supply) while increasing
conversion rates and improving efficiency. Industry watchdogs
predict that polysilicon will become more available in the next
year, resulting in a sharp drop in the price of PV solar panels
by 2010 (some analysts predict as much as a 50 percent drop).
The opposite prediction is true for oil and natural gas, which
continue to rise in price. The result? The cost of solar energy
installations will continue to drop even as the average utility
bill continues to rise. In the near future, it will most likely
be cheaper to install solar on new or existing structures than
to rent power from the local utility company. With federal and
state rebates, the tax write-off for a solar project and the tax
deduction for the interest on the construction loan, it’s
cheaper to finance a solar electrical installation for 10 years
at seven percent than it is to pay a monthly utility bill. In
the end, you own your system, whereas with your local utility
company you’ve merely rented power with no return on your
investment.
The source of solar energy, our sun, belongs to no one company
or nation. It’s free, present every day and available to
all. As the cost of installation falls in the future, it’s
likely many more homes will look towards the sun for their power
needs, and, before long, energy will be generated on the rooftops
of millions of residences and businesses across the world, easing
the demand on coal and nuclear fuel. The shift to solar energy
production is about to take a giant leap forward. Are you ready?
Send your home questions to healthyhome@newlifejournal.com.
Michele Skeele is the office manager for
Advanced Thermal Solutions, Inc., a solar company owned by her
husband, Skip, and brother-in-law, Tomas Koenig. She continues
to learn the solar business by keeping her eyes and ears open
and reading articles that Skip clips for her. ATS, Inc. can be
reached at 828-693-3334 or by visiting their showroom at 1630-C
Spartanburg Highway in Hendersonville, NC.
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