Skip to main content

Real Estate Advisor: April

Real Estate Advisor: April 2014
Real Estate Advisor: April 2013

Real Estate Advisor: April 2014

image empty space

Solar: So What?

As any homeowner knows, heating and cooling bills can top the charts during the height of summer and winter in many parts of the country. Homes that are well insulated can aid in keeping bills in line by helping to keep temperatures at a constant - but there are additional ways to tackle energy bills, and increasingly popular solutions include solar energy.

Depending on your climate and surrounding buildings, trees and topography, solar energy can be a resource that could be harnessed to lower your bill from the local electric company. In fact, many people are able to generate enough electricity and heat from the sun to power their home without the need for power from a utility company at all, and a few even manage to generate excess energy that they can sell back to the power company energy credits or for a profit.

Contrary to popular thought, solar energy is not just for dry desert climates. Northern regions where summer days are long and often sunny have a distinct advantage: solar panels operate more efficiently at cooler temperatures. While the diffuse light of a cloudy day will not generate as much energy, there is still some benefit seen. And climates that have rain will also see benefits to maintenance, as periodic rains can help clean the collection panels.

Passive solar homes use smart design and construction to capture energy from the sun and keep it within the home as heat when it is needed, and generally reject heat when it is not needed. With distinct features of southern windows and heat-gathering materials, passive solar homes don't use mechanical systems to collect and convert energy into electricity, but rather use their environment to the best advantage and store heat in a thermal mass for distribution in the home over time.

However, most people who are considering solar as part of their energy profile are seeking to outfit a more traditionally designed and built home to take advantage of sunny days to produce electricity for diverse use. There are three popular "active" systems for using solar energy that are of importance to homeowners - the first and most obvious is the type of system that is intended to generate electricity. This system, comprised of Photovoltaic (PV) collection panels, tracking mounts to move the panels to follow the sun, inverters, switches, wiring systems, and meters that work together to create electricity that is usable in your home and by others on the power grid. The second system worthy of note is a solar hot water heating system. These systems enable homeowners to use the power of the sun to heat water used in showering and cleaning. And finally, there are also solar heating systems for heating the water in swimming pools.

To generate electricity, one of the biggest issues is where to mount the collection panels. In areas where land is at a premium, the roof is the obvious answer. Closest to the source of power (the sun) and usually unobstructed by trees, roof mounted panels can be unobtrusive and effective at the same time. However, professional installation is advised, and sometimes extra support is needed for the extra weight added to the roof. Often it is advised to replace the roof prior to installing the solar panels to reduce efforts later as the roof ages. If solar water heating is also being employed, a water tank would often be installed on the roof, close to the solar panels, resulting in even more weight. Again, these are often jobs that would be accomplished by professionals who understand the issues involved. Aesthetic issues may also be raised.

Solar energy systems begin at the very beginning - first steps include having a site assessment followed by a design and planning period. Professional installation is desirable due to the load on the roof and wiring and electrical issues. Savvy homeowners can do their own maintenance and monitoring, though check-ups by the professionals might result in higher efficiency.

There are some potentially off-putting financial considerations. Initial costs can be high, though State and Federal incentives and subsidies can bring them down. Choices during installation can be made that will lower the bill, so good planning up front will be a distinct advantage. Generally, it is wise to stick with simple, tried-and-true technology and a professional company with a good track record that specializes in sales and installation of quality products. Get recommendations and talk to homeowners who have been through the process as they can shed light on your concerns.

On the Federal level -- homeowners can get a Residential Income Tax Credit of 30% of the total cost of an installed system. This incentive is available until 2016 and can be "carried over" each year until it's used up, or until time is up, whichever comes first.

Some states offer no sales tax on solar installations, and even pay customers a base rate on the total energy produced by the system, regardless if it is used by the building or sold back to the grid.

There are arguments against solar: Photovoltaic (PV) panels are created using quite a bit of energy, and they do contain heavy metals (cadmium), so they should be disposed of properly at the end of their life cycle. However, if they are maintained well, that could be 25 or 30 years from now. Systems are also costly to install, even with governments making them less expensive through incentive programs. Be sure to look closely at the installation and warranties offered by those doing the work; warranties offered by companies that are small may be worthless if the business fails. Additionally, stay on top of industry trends and know what you are buying: not all solar panels are made with the same quality, and the new, thinner PV sheeting seems to break down more easily, shortening its useful life, so you might want to consider whether or not to use it.

In areas that are off grid, where solar systems are in use, there are also banks of lead-based batteries that serve as storage for power collected during daylight hours. These batteries are not environmentally friendly, and must be maintained and disposed of properly as well. These expensive panels of batteries may require replacement every 5 years. Solar water heating systems sometimes require the use of antifreeze in the system, which can be an environmental hazard so a good maintenance plan is desirable.

Know how to maintain your system and what to do in an emergency. Keeping panels free of debris, dirt and pollen will ensure maximum production and keep the panels from deterioration. Everyone in the home should know how to disconnect the system from the house in case of fire, and how to disconnect from the grid power as well.

A quality solar power system can provide many years of excellent service, reducing your electric bills, and enable you to be more self-sufficient. In addition to the benefits of lower power bills, homes that are efficient and whose owners have invested in quality systems are often valued at a higher rate. Remember to keep all records associated with the purchase, materials, installation, warranty and maintenance. As buyers become more familiar with the benefits and use of solar power, these systems can set your home apart and make a difference in the sale.

For additional information in understanding the basics of photovoltaic (PV) systems, http://www.dummies.com/how-to/content/the-basic-components-of-a-home-solar-power-system.seriesId-246926.html is a helpful resource.


image empty space

 
Eddy Solon, East Orlando Realtor
Google "#1 East Orlando Realtor" and You will find Me!
 
Please let me know how my team can help you!
 
REMAX-  Avalon Park
 
2012 Orlando Business Journal 40 under 40 Nominee
2009 Avalon Park Citizen of the year
East Orlando Resident (10+ years)
University of Central Florida Graduate
Managing Editor of ApGazette.com, Avalon Park Community Newsletter
 
Specializing in East Orlando!
Eddy Solon, RE/MAX Florida, RE/MAX Innovation, 13001 Founders Square Drive Suite 150, Orlando 32828
If you would like to discontinue receiving emails from this agent, click here.
This email is intended for a recipient with an existing business relationship with the sender. The source email server is managed by Reliance Network, LLC. If abuse is suspected, please contact Reliance Network via the following URL: http://www.reliancenetwork.com/reliancenetwork/index.asp?p=emailabuse

Comments

Popular posts from this blog

Looking for an Agent of Color?

  If you are looking for a solid referral for Real Estate Agents of Color in YOUR AREA please visit, CoachEddyRealestate.com Including but not limited to: Black Agents in MIAMI, Florida, Black Realtors in MIAMI, Black Realtor in MIAMI, Black Agent in MIAMI, Black Real Estate Agent in MIAMI, Florida, Black Real Estate Agents in MIAMI, Florida, African American Agents in MIAMI, Florida, African American Realtors in MIAMI, African American Realtor in MIAMI, African American Agent in MIAMI, African American Real Estate Agent in MIAMI, Florida, African American Real Estate Agents in MIAMI, Florida, Hispanic Agents in MIAMI, Florida, Hispanic Realtors in MIAMI, Hispanic Realtor in MIAMI, Hispanic Agent in MIAMI, Hispanic Real Estate Agent in MIAMI, Florida, Hispanic Real Estate Agents in MIAMI, Florida, latino Agents in MIAMI, Florida, latino Realtors in MIAMI, latino Realtor in MIAMI, latino Agent in MIAMI, latino Real Estate Agent in MIAMI, Florida, latino Real Estate Agents in MIAMI, Flor

JUST LISTED! $1.35 Million Dollar Mixed Used Commercial Property

OPPORTUNITY! OPPORTUNITY! OPPORTUNITY!!!!!! Close to 4 Acres of Mix Used land with all transferable and current City Approvals DIRECTLY ACROSS the street from the new Oviedo Down Town 200 Million dollar mix used development featuring luxury homes, Community Center, and Amphitheater at a list price significantly under Market value!!!!!! Beautiful Plans, Oviedo Gardens, already approved by the City... project is ready to Begin IMMEDIATELY!!!!! Developer's dream. This steal wont last long. Not accepting any verbal offers, please place it in writing. All plans/ approvals are available upon request. OVIEDO GARDENS WAS DESIGNED AND APPROVED BY THE CITY OF OVIEDO FOR NEW DEVELOPMENT OF COMMERCIAL, RETAIL, AND RESIDENTIAL USES WITHIN A FOUR ACRE SITE. THE RESIDENTIAL COMPLEX CONSISTS OF FIFTY RESIDENTIAL UNITS RANGING FROM TWO TO THREE BEDROOM UNITS WITH COMMUNAL ROOMS, EXTERIOR POOLS, AND LANDSCAPED PLAZAS. THERE IS A 17,000 SQUARE FEET OFFICE BUILDING AND 15,000 SQUARE FEET OF RETAIL

Information About Avalon Park

urce: Carly Sullens written by Carly Sullens Avalon Park: Orlando, Florida Located on the east side of Orlando, Florida, Avalon Park offers residents of all ages a modern day  Norman Rockwell  neighborhood. Avalon Park is a planned community just 40 minutes northeast from Disney, Sea World and Universal Studio Attractions and 40 minutes west from the Atlantic Ocean. Encompassing 1,860 acres of land, 3,000 homes, Avalon Park includes organized villages, single family homes, apartments, townhouses, schools, a town center, restaurants, shops, grocery store, doctor offices, banks, gas station and bars. By design Avalon Park motivates the foundation for strong families, and strong neighbor relationships. From its aesthetics to its detail architecture, Avalon Park also promotes beauty and diversity as seen by porch swings, garden club, and tree lined streets. Restaurants found in Avalon Park are also diverse they include; Italian, Mexican, Thai, Chinese, Ameri