The sun is a source of tremendous power and in one hour can provide the light and heat needed by all of earth for an entire year. All of this happens because of a star that is ninety three million miles away. The sunEUR(TM)s power creates electricity when its light hits the semiconductor inside of a solar cell. A group of solar cells are what makes a module and a group of modules EUR" forty of them EUR" that make up one solar panel. When the sunlight hits the solar panel, electricity is created in the form of direct currents. However, in order for this energy to be used in our homes, it has to be changed from direct current to alternating current. Direct current travels in a single direction, but alternating current travels in two directions. In order to get that to happen, an inverter is used to change the current into usable electricity. Once the energy is changed, the electricity that is produced is sent to your utility companyEUR(TM)s meter and on to its grid. If the electricity used in your home is less than what your solar panel created, then you will see a credit on your next electric bill. That is one of several great benefits of solar energy for homeowners.
Many happy solar energy users see a big deduction in the size of their electric bills. What is another one of the benefits of solar energy to homeowners? It's called the IRS Solar Tax Credit. The IRS will give homeowners a thirty percent tax credit and that is founded on the net cost of materials and labor for the installation of the panels. If you also receive rebates from your utility company, that amount would have to be subtracted from what you would ask for regarding a tax credit. There are a few qualifications that have to be met in order to receive a tax credit. One is that you need to owe money on your taxes and the other is that you take advantage of this benefit before 2016 which is when this program is due to end.
There are other benefits of solar energy to homeowners. The price of electricity is rising constantly. With sole dependence on utility companies, most people have no control of their monthly bills. However, one of the benefits of solar energy to homeowners who have made the change is that they do have control. They have become their own energy managers and producers. They are in control of their electricity expenses.
Many happy solar energy users see a big deduction in the size of their electric bills. What is another one of the benefits of solar energy to homeowners? It's called the IRS Solar Tax Credit. The IRS will give homeowners a thirty percent tax credit and that is founded on the net cost of materials and labor for the installation of the panels. If you also receive rebates from your utility company, that amount would have to be subtracted from what you would ask for regarding a tax credit. There are a few qualifications that have to be met in order to receive a tax credit. One is that you need to owe money on your taxes and the other is that you take advantage of this benefit before 2016 which is when this program is due to end.
There are other benefits of solar energy to homeowners. The price of electricity is rising constantly. With sole dependence on utility companies, most people have no control of their monthly bills. However, one of the benefits of solar energy to homeowners who have made the change is that they do have control. They have become their own energy managers and producers. They are in control of their electricity expenses.