That's how Solar Energy works. You can harness the natural power of the Sun to give electricity to your home. The Sun's energy is limitless, or according to scientists and physicists, it will last at least for more millions & millions, or maybe even billions, of years (I don't know the exact estimates).
The 4 Benefits of a Solar System:
1. It saves you money
- after the initial investment has been recovered, the energy from the sun is practically FREE.
2. Environmentally friendly
- Solar Energy is clean, renewable (unlike gas, oil and coal) and does not pollute the air by releasing carbon dioxides and other gases.
- Everyone, slowly but surely, is going environmental now... very soon, people will realize we need to take care of our environment. Sure, everyone wants to get rich, but no one wants to die.
3. It can be Independent/Semi-independently installed
- A solar power system can operate independently on your home, office or building, not requiring a connection to a power or gas grid at all: so that you are running fully on solar power alone
- It can also operate semi-independently, where only a few appliances or a few parts of a home can operate using Solar power, and the rest through the typical energy grid in your location
- Solar Panels have back-up batteries, so you can go full solo or semi-independently -- especially during times of storms
4. Low maintenance
- Solar panels have no moving parts, no recurring costs, do not release offensive smells and does not require you to add any fuel -- unlike Wind Energy which has engine parts or moving parts for it's turbines
- Solar Panels generally has a shelf life of 50 years, based on studies
- it's practically no cost after the initial investment (ROI) has been recovered.
How Solar Power works:
Why can we say it's an investment?
In financial terms, an investment is defined as:
1. The action or process of investing money for profit or material result.
2. A thing that is worth buying because it may be profitable or useful in the future.
By this definition, an investment can mean anything - a product, a service, an instrument, a stock, insurance, a company, a business, anything that potentially gives you back something in return in the future.
And so we can say, investing in Solar Power - be it through a solar-powered / environment-friendly company, a Solar Power Company stock (if there is one in PSE), or by using Solar Panels or Solar Systems themselves is surely profitable. Why? Because it removes, eradicates or lessens a critical part of a home or a company's cashflow: the EXPENSES.
And I can say it's a SAFE investment.
Because once you get ROI on your investment, it's gonna cost you savings. Huge and continuous savings.
As in... FREE electricity.
From the Sun.
Forever.
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On my next post, let’s try to see how a Solar Investment can perform better than most stocks – using stock charting and comparable technical analysis.
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