Everything You Need to Know About Solar Energy
If you’ve been following our blog over the last few months, you’ll know we’ve been covering topics ranging from solar energy financing options to its environmental benefits and more. But if you’re short on time (and who isn’t these days!) you may be looking for a one stop shop to tell you everything you need to know about solar energy, and this post will give you just that.
From how solar energy works to how you can get started, we’re covering it all here today.
So, how does it work?
The process may seem complicated at first glance, but it’s actually very simple! Solar energy is simply energy from the sun that is converted into energy that we can use. By installing solar panels (usually onto the roof, but not always), we can harness this energy and use it in our homes and buildings.
Why should I use solar energy? Will it save me money?
Big time! First off, your power bill will drop right away, with the average home saving $1628 annually off of their bill. You’ll also enjoy protection from rising power rates (which really adds up over the lifespan of your system!), increased home value, support from rebates and incentive programs, and more.
To learn more about the financial benefits of solar energy, head over here.
Saving money is great, but can I afford to pay the upfront costs?
Thanks to new rebate and incentive programs, installing your solar energy system has never been more affordable, and it’s now a viable option for the average homeowner.
Efficiency Nova Scotia’s SolarHome’s rebate program is available to homeowners in the province and offers a rebate on installation costs. The average rebate is about $7000 and the maximum is $10 000. The rebate is based on the size of your solar system and offers $1/watt of system size, so an 8,000w system (8 kW) would provide a rebate of $8,000. This works out to between 30-40% of your total system cost. This rebate, coupled with great financing programs, has made solar affordable for any household.
We’ll walk you through the steps during the installation process but in the meantime, you can learn more about the program here.
Residents of HRM are also eligible for the city’s Solar City program. Solar City is a program funded by the municipal government, which pays for your solar energy installation cost up front, so you can have your system installed for $0 down. You then have a full 10 years to pay this loan back, at 4.75% fixed interest, alongside your annual property tax bill. At any point during the 10 years, you can choose to pay off your balance in full without penalty.
Again, we’ll walk you through the steps when we’re getting your system set up, but you can learn more about the program here.
What about the environmental benefits of solar energy?
Switching to solar energy is a massive win for our environment. Solar energy is the cleanest and most abundant energy source available. It offers a completely natural alternative to the burning of fossil fuels, reduces greenhouse gas emissions, improves air quality, uses no water (unlike the huge amounts of water used to burn fossil fuels), is renewable, and so much more. Basically, you’re harnessing the energy from an almost infinitely abundant and renewable resource at no cost to the environment.
We could go on and on about the environmental benefits of solar energy because it’s something we are extremely passionate about! To learn more check out our post here.
That’s all great, but will a system really work in cloudy Nova Scotia?
You may be surprised to learn that we actually have great solar availability here in Nova Scotia! Yes, we get lots of cloud and fog, but we still get plenty of sunshine to keep the systems running just fine.
What about the winter?
Something most people don’t realize is that higher temperatures aren’t necessarily better for energy output. Our temperate climate is a great fit for solar energy, and things will function just fine over the winter.
You can learn more about solar energy during the winter here.
So how do I get started?
Our goal is to make solar simple for Nova Scotians, and when you work with us, there are just four easy steps that stand between you and a more sustainable and cost-effective energy plan for your home.
1. A simple assessment. Head over here to get started with your free assessment.
- A meeting. After we’ve done your assessment, we’ll meet with you to go over any and all questions and concerns you have about solar.
- Financing options. We are lucky to have some great rebate and financing options right now in NS. We’ll go over them with you to make sure you’re taking advantage of these incentive programs.
- Leave the rest to us. Once your financing is approved, we’ll get to work on your solar system, which means ordering panels, creating a customized lay out so you get access to the most solar energy possible, and installation of your panels. Meanwhile, you can kick back and look forward to your new energy and cost-effective system.
Are you ready to make the switch to solar? Get started with your FREE customized report!