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Solar Energy Explained
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What Is Solar Power?
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The amount of energy the
sun sends towards our planet is 35,000 times more than
what we currently produce and consume. Some of this
energy is reflected back into space, but most of it is
absorbed by the planet itself. That which reaches the
earth can be captured and converted into electricity.
That’s what solar power is… sunlight turned into
electricity. |
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Solar Power Is Reliable
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Because it comes from the
sun, solar power is a “predictably intermittent” energy
source. This means that although solar power is not
available at all times, we can predict with a very good
degree of accuracy when it will and will not be
available. Hannah Solar’s technologies even store spare
energy for periods that solar power is not available.
Not only is its
availability predictable, so is its price. Once your
solar system is in place, you pay nothing to harness the
power you need. Compare this to the price fluctuations
of other energy sources such as fossil fuels. Gasoline,
oil, and natural gas prices can change almost overnight
due to nothing more than the whims of the futures
markets. |
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The Ecological Impact
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The Earth has a finite
amount of fossil-fuel resources and emerging countries
are consuming more oil and electricity… adding to an
already enormous carbon footprint. But solar power is a
massive energy resource that we will never run out of…
not for thousands and thousands of years. By investing
in solar technology, you will directly reduce demand for
carbon-based fuels and help eliminate our dependence on
foreign oil.
In
addition, your solar electric system uses no raw
materials and is non-polluting. Unlike other energy
sources, solar power reduces the amount of atmospheric
pollutants that contribute to climate change, water and
soil contamination, and resident health problems. |
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Benefits of Our Solar Technology
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Because they are such
attractive long-term investments, solar power solutions
are rapidly gaining popularity. Last year, solar power
supplied 0.02% of the world's total energy supply—and
use has been doubling every two years or less. At this
rate, solar power will become the world’s dominant
energy source within a few short decades.
Advances in the industry
have made solar electric systems affordable, effective,
and more versatile… producing enough power to run almost
any home, farm, plant, or business. As a Hannah Solar
customer, your system will have no moving parts and will
require very little maintenance. In addition, it will be
backed by a 25-year manufacturer's warranty, and is
expected to have a useful lifespan well in excess of 40
to 50 years. When looking into a solar energy system,
consider that:
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You may substantially reduce, or eliminate, the
amount of electricity purchased from your utility
provider.
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You will be paid for the environmental contribution
your solar electric system is making. Solar
Renewable Energy Credits (SRECs)—sometimes referred
to as Green Tags—can be converted directly into cash
for you.
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Your utility company is required to give you credit
(net metering) for any surplus electricity your
system produces in excess of what you need.
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Your solar investment is an effective hedge against
future energy price increases.
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At today's energy prices, your solar asset will
return at least a 10% annual after-tax yield. All
future energy price increases will steadily improve
your rate of return.
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Very generous Federal
Tax Credits and government grants can substantially
reduce what you pay to install your system,
dramatically increasing your return on investment.
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