If anything good came out during the recent increase of the fuel oil prices, it is that once again, there is a merry interest in alternative sources of energy. Even when pump prices has fallen and are going back up again (not as fast, yet.) The uproar created and the pain it did to business will have a good chance of sticking. The desire for alternative sources of energy is on the forefront and may it stay there for good-as it should.
Extracting oil from crops is a good idea; the downside is that food supplies could be dramatically reduced. Wind power is another excellent thing except for the many buts that wind power generation have.
If costs is the main objection to solar power generation that should be the least of worries.
The installation of solar panels is until today, considered a specialized job. Like any commodity in the market, when the demand is high but the supply is limited, the cost increase. As more and more homes clamor for alternative sources of energy, better technology and more labor is drawn to the job that market forces could take place and result into much lowered prices. This though is still in the future.
Today the reality is the instability and the unpredictability of pump prices. But even if it does provide stable and predictable price movement, solar energy is free and it is inexhaustible.
While the technology of tapping out this resource is not , homes that are solar powered are getting back dividends in terms of higher appraisal for their homes, confidence in not being surprised by power shortage and outage, not being dependent on the fluctuation in power prices and the definite advantage of having provided a better environment solution.
More tomorrow, stay tuned. Please add your comments.
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