When you come to think of it, renewable energy like solar photovoltaic cells, small wind turbines and fuel cells make perfect sense. You have seen and heard of them for decades, you know that they are eco-friendly (no pollution, no fossil fuel use and no greenhouse gas emissions), and you are protected from the fluctuating costs and supply of main grid-supplied electricity. So, what’s keeping you and countless others from adopting the technologies?
High Cost, High Consumption
Well, it would have to be the high cost of the components. In some estimates, the purchase of solar panels for the average American home is equivalent to the electricity bills for the next 20 years except that you have to pay it upfront.
Unless your family belongs to the millionaires’ club, it will be very difficult to adopt renewable energy on the home level. And then there is the unassailable fact that the average American home consumes electricity far beyond the capacity of most small home installations, which makes the option less attractive.
Lower Cost, High Rebates
Fortunately, many governments both here and abroad have adopted measures to assist homeowners in the installation of renewable energy sources in their homes through rebates and incentives. When these are ...