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Is Solar Energy Cost Effective? Let These Four Facts Decide

One of the main reasons so many people are investing in new solar panel mounting systems is because they’re incredibly cost effective. Yet, many argue that solar panel systems are not as affordable as they’re cracked up to be.
Consider the facts:

Solar Panels Can Deliver a Return on Investment For Decades.

Photovoltaic solar panel mounting systems are highly reliable, and can last a consumer for as long as 30 to 40 years. After using their systems for just a little while, homeowners can expect to recoup their initial investment, which means that for decades upon decades afterwards, they’ll be making a profit.

Canada Is Already Relying on Solar Energy.

Renewable energy sources, such as solar power, already provide Canada with about 16.9% of its total primary energy supply. If solar panels can power nearly one-fifth of an entire country, they are more than capable of providing a home with plenty of energy.

Switching to Solar Power Has a Larger Economic Effect.

Switching to solar power can help more than just homeowners, it can help the country. If more people installed and relied on solar panel mounting systems , the nation could wean itself off of its dependency on foreign oil. Right now, there are enough solar energy users to save about 75 million barrels of oil, which not only helps prevent the environment from being catastrophically ruined, but can also invigorate national economies.

Despite what naysayers may think, solar energy is an incredibly cost efficient solution. If you have any questions about what a solar panel mounting system can do for your home, feel free to ask in the comments.