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Solar Power - is it worth it?

Author: 
Bill Clarke
Publication date:
January 9, 2023
Article Summary: 

The article explores the pros and cons of solar power for condominiums, discussing its potential benefits and challenges. The pros of solar power include carbon reduction, potential economic benefits through grants and tax incentives, job creation, aesthetics improvement with advancing technology, energy sovereignty, potential property value increase, and decentralization of power generation. On the other hand, the cons include the upfront cost, intermittent nature of solar energy, possible aesthetic concerns, environmental impact of solar panels, space requirements, efficiency ratings, and potential difficulty in relocating the solar panels. The article emphasizes the importance of considering payback periods and researching available grants and incentives when deciding on solar power installation. Additionally, it provides a series of questions to ask solar contractors when exploring the feasibility of solar power for a condominium.

Keywords: 

Solar Power, Condominiums, Pros and Cons, Carbon Reduction, Economic Benefits, Job Creation, Aesthetics, Energy Sovereignty, Property Value, Decentralization, Intermittent Energy Source, Efficiency Ratings, Payback Period, Solar Panels, Grants, Tax Incentives, Research, Energy Storage, Installation Process, Solar Energy Supplier.




Source Citation: 
Bill Clarke
Solar Power - is it worth it?
January 9, 2023
https://www.cci.ca/resource-centre/view/1439?words=&filter=all
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