This sentence is the most profound statement I have heard over the last ten years since working on Power My Power. It now marks this point in time, in which the benefits of installing solar panels, exceed the reasons not to.
This statement came from one of our regular contributing experts within our solar enthusiasts’ forum, where the age-old question of, ‘are solar panels worth it’, occasionally gets asked.
This once common question now gets asked far less frequently than even a couple of years ago.
Since the start of the German-inspired feed-in tariff scheme (FIT), the incentive reduced to newer adopters, several times to align the reward scheme with the reducing price of an average solar panel installation today.
These tariff rate reductions don’t reduce the stimulating nature, but it does strengthen the argument that installing sooner rather than later, will gain you the maximum return on your solar investment – a drum I have been beating since the first days of the inception of the incentive.
Following these tariff reductions, we also see the gradual price rises associated with heating and powering our homes. We are now at a crossroads, where the rising costs of energy overall, intersect with the reduction in incentives for alternative ways to generate your power. Or as Norman does perfectly put it:
“The price of electricity is increasing by more than the feed-in tariff rate is reduced. A powerful argument for buying photovoltaic panels.”
The big six energy companies at best, can only ‘fix’ your current rates for a maximum of eighteen months at best, but the FIT rate will guarantee you a ‘generation revenue’ alongside your electricity savings for the next twenty years. Yes, twenty years of free electricity and an annual reward cheque landing on your welcome mat.
Take-up of solar panel technology is on the rise again, not only nationally, but globally, too, this is why it’s so important to arm your household with means to reduce your consumption of expensive traditional power – before demand changes, possibly dramatically.
Increased demand for solar panels has already reduced because the incentives were vastly oversubscribed, so any sudden change in global energy costs – a scenario which increases in likelihood with every passing day as Ukrainian current affairs continue to unfold.
Personally, coming from a background when solar panels are ‘quaint, but financially unviable’, I find myself torn with emotion that the ‘penny has finally dropped’, and people can now see, what I saw then, but sadly only at this last-minute stage!
Alternative energy is about more than just solar panels
An important theme within this web site’s pages is dependence.
I did an exploratory search for the word ‘dependence’ used within these pages and received a result of 345 phrases used. This result shows how important the issue of not being entirely dependent on the current model of heating and powering our homes.
The most apparent technologies that people are aware of are of course solar panels, heat pumps and wind turbines, but there could be a ‘new kid on the block’, and this next generation of technology is already up, running and for sale in the US.
Hydrogen generated electricity could be the seedlings of a new era for a de-centralised energy model, which could redefine power generation without pollution and fuel by nothing more than water. Sounds too good to be true?
Hydrogen fuel cells are nothing new, but what seems to be different here is the ability to manufacture affordable hydrogen reactors, which can be used to retrofit on existing cars and used as a renewable energy technology for domestic and commercial applications. You heard it here first!
The world of the internet is full of people claiming to have discovered new forms of energy generation or propulsion, but what seems to be different with Arnie Boyles Hydrogen Generator, is its simplicity – and his ability to prove its effectiveness. I look forward to seeing its progression over time.
It is this kind of ‘in the shed’ inventiveness that pulled us out of the post-war years, and it may be an alone inventor, tinkering in his garage tonight that may help the solve our fast looming energy problems.
This vision is not such a daydream idea because of the biggest names in technology today like Apple, Google and Dyson had similar beginnings of this in the 1980s. The doors are indeed open for a new breed of ‘localised energy-based companies’ to emerge to complement the successes solar technology is currently having worldwide.
As the superpowers of the world manoeuvre their armies into a new 1980s style Cold War again, the need to find alternative ways to buffer ourselves from vulnerable energy costs at best or sudden price shock crisis’s at worst, will require a mix of energy generation technologies at our disposal – whether new or old.
Solar panels today, are still the alternative technology of choice, not for any other reason than they are the most affordable (relatively) and most easily accommodated in our otherwise wasted roof space.
Meanwhile, the feed-in tariff rates are on a slippery slope downwards for newer adopters, so may I back-up our experts’ statement to say:
“The argument for and against the installation of solar technology is resolved, and the sooner your household claims the current tariff rate, especially before the cat is truly let out of the bag – and a possible energy crisis leaves demand outstripping our ability to supply.”
A window of opportunity and a truly profound moment in time indeed.