Benefits of Solar Energy
Solar energy is sustainable, renewable, and plentiful. As the cost of using solar to produce electricity goes down each year, and the cost of fossil and other forms of energy are increasing, many Oregonians are increasingly switching to solar. Below are additional benefits of switching to solar electricity.
Residential Solar Basics
Residential solar systems are installations at residential homesites, usually roof top, sometimes ground mount. Typically these systems are between 3kW - 10kW in size.
These systems are interconnected into the grid and net-metered on your electricity bill. Currently Oregon has ________ residential solar systems totaling _____ MW.
Financial returns and lower monthly utility bills are major incentives for going solar. The exact savings you will see with solar depends on the following:
Solar energy system size
Whether you purchase or lease your system
A solar electric system provides an opportunity for anyone who is looking to reduce monthly utility bills and make a long-term, low-risk investment.
Solar Systems Impact on Home Values
Adding a photovoltaic (PV) solar system to a house is almost always a good real estate investment and may contribute to increasing home values by 3 to 4 percent. The combined benefit of higher resale value and lifetime energy savings makes solar a compelling financial investment.
One study by Lawrence Berkeley National Laboratory , which analyzed the sale of nearly 4,000 homes with solar in eight states, determined that some buyers are willing to pay a premium of $12,000-$15,000 for a home with an average-sized, resident-owned solar array. That illustrates how important it is for buyers and sellers to familiarize themselves with how solar affects property values.
Residential Solar and Jobs
????Residential solar produces more in state, long term jobs than any other sector???? Oregon has approx 4000 people in solar workforce
Environment America’s Solar Homes Report.