Whenever people think of green or clean energy they assume that the alternative energy being referred to are several rows of solar panels lined up on the roof area, or the gently spinning wind energy generators generating electric power from the wind. Although these are correct views of energy sources create clean energy, most people’s perception of clean energy systems fail to include one of the leading, efficient, and applicable of all alternative energy installations, —namely solar heating tubes. This kind of of clean energy technology is utilized to supply hot water.
The scientific and technical knowledge supporting this kind of clean energy are already so far advanced as to have industrial and commercial applications, as well as household ones. Millions of individual homes and apartment buildings that depend on such alternative energy systems for their hot water supply are able to dramatically decrease their electricity expenses. In fact, the nation of China is the leading user of solar heating tubes, and it is estimated that a whopping 30 million residences (whether apartments or homes) are able to get heated water from their solar heating tubes, at least 60% of the time (or achieve 60% efficiency).
Why only 60 to 70% and not all of their heated water requirement? This is really the only “glitch” with clean energy that rely on solar power, and it happens because of the patterns of nature. Keep in mind that, the sun goes up and down everyday. As a result, solar heating tubes are only able to operate when sunlight is at its peak, which is generally from 9 to 5PM. However once the sun sets, it’s like someone turned-off the water heater. And yet, solar heating tubes still achieve around 60-70% efficiency because the large storage tanks it uses can stay hot for several hours after the sun has gone down. This is the reason why most alternative energy professionals estimate optimal energy savings of solar heating tubes at the sixty percent level.
So what does itmean in practical terms for the commercial or residential building owner or landlord? Mainly, it means that, they would still have to use some electric power from their utility company or oil, gas, electric supplier, in order to maintain a 24 hour supply of heated water. What does it mean financially? This will entail more discussion.
Bear in mind that you will have to buy the solar heating system and pay for its installation. It will involve a substantial cash outlay, and most building owners will utilize the equity in the property to put their purchase on a kind of installment payment agreement, like a second mortgage or business loan to cover costs. But the solar power system is going to start working shortly after it is installed, which means that energy expenses are going to decline significantly right from the start. This decrease in electric power expenditures creates financial savings that can be used towards repayment on the loan for installation. The good thing is, most systems can be repaid in a period of 2 to 5 years;and after this period the financial savings will go straight into the owner’s wallet. From then on, the building can be supplied with hot water at an incredibly lower price.
In addition to the reduction in costs and shorter period to receive your return on investment for the equipment, there is also a vast array of tax benefits to be enjoyed from investing in clean energy technologies. These financial incentives can assist the residential or commercial building owner to recover the cost of the solar technology quickly.
Craig Axelrod is VP of Business Development for Emmy Energy, a NY <A href=http://www.emmyenergy.com/index.cfm”>clean energy</a> operation installing <A href=”http://www.emmyenergy.com/green-energy-products/solar-heating-tubes.cfm”>solar heating tube systems</a> & solar panels in the Northeast.
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