Want to generate your own home electricity? The first solution that comes to mind for many people is solar power. Use the sun to make your own electricity. Sounds easy, right? What some people fail to stop and think about are the actual returns you'll get from setting up your own home solar power solution.
There are countries around the world that actually encourage home owners to install some kind of solar setup and they do this by offering grants or cash backs. It sounds good so far until you actually take a look at the costs involved and what it means for your house. Is it worth installing and setting up solar power in your own home? This is a tricky question, because there answer is both a yes and a no.
Solar panels are definitely worth installing in your home if doing your little bit to save the planet is high on your list. The reason for this is because the setup costs are high and you will need a lot of disposable cash to setup any kind of solar solution to see a significant drop in your home power bill. Why is this? The high costs come from the photovoltaic cells which are the heart of any solar power setup. This PV cells make it possible to convert the sun's energy into electricity. While prices have come down over the years they are still extremely costly and the majority of home owners just won't be able to justify the high cost considering the small savings you get in return.
While it would be nice to be able to do our little bit to help save the planet, the truth is that everything in life has some cost associated with it. Because of the high price of PV cells, many home owners just can't afford to install solar power. Another problem with solar power is that the amount you spend on it does not necessarily translate into an investment in the value of your house. Spending 10,000 USD on solar power does not mean your house will rise in value by that amount. This can be said for installing a pool, as the high cost of the pool does not equate to an equal rise in value of your home. The amount of money governments give you is very little compared to the cost of solar panels and the small savings you will get in return. Solar power is great in theory, but sadly that is as far as it goes.
Another alternative to solar power are magnetic generators. A magnetic generator is a generator that is able to create clean home electricity but does so using much cheaper parts. They run off magnets alone and this translates into an extremely low cost alternative power solution. Their small size and low price means that almost anyone in the world can install a magnetic generator, make home power and see savings of anywhere from 30 - 50% off their power bill.
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