If you’re expecting an article on the eco-friendly benefits of solar power then you are out of luck because I’d like to get straight to the facts. In terms of investments, solar power is about to become one of the greatest investments that you can possible make. The truth is, there will be many people who simply cannot afford to not make use of the benefits of solar power.
Most of you probably have not heard but Obama’s new 2010 budget includes a hefty energy tax for the big oil, coal, and natural gas companies which is his plan to help payback the cost of the federal government bailout. Most are thinking that this energy tax could cost people more than $2 trillion over the short span of the next eight years. And if you thought it couldn’t get any uglier, you can plan on forking out for this tax until 2050 when it is slated to come to an end.
To put this in perspective for you, consider that the typical cost of home energy which is at the moment around $112.32 each month. This is projected to reach $562.67 per month under this new energy tax. So the majority of us will be depending on the benefits of solar power because we can’t manage the additional $450 cost per month.
Obama is well aware of what he is doing. This is all part of his strategic plan to help give solar power a shot at competing with the bigger and monopolizing oil, coal, and natural gas companies.
So you may want to strongly think about these 3 benefits of solar power.
#1 Benefit of Solar Power – It Can’t Be Regulated
The reality that solar energy can’t be regulated is probably the most critical of all benefits. This is great news because as long as you generate your own solar energy at home, the government will never be able to tax it.
#2 Benefit of Solar Power – It Does not Answer to the Law of Supply and Demand
Coal, oil, and natural gas are all tradable commodities so they have to follow the law of supply and demand which can push prices way up. As the demand increases, the price follows.
But because solar power is not a tradable commodity like the other fossil fuels, it does not fall within the same economic laws. That is because solar power is so abundant that the supply will under no circumstances run dry.
#3 Benefit of Solar Power – It’s Free, Period
Energy directly from the sun will never cost you a nickel. Do not get me wrong, you’ve still got to pay for the material costs associated with collecting the solar energy but there is no immediate cost of the sunlight itself. And bear in mind that this new energy tax is going to force energy prices sky high making the price of even a professional solar energy system quite attractive.
What it boils down to is that solar power is the most plentiful, free, and economically secure energy source around. Furthermore you can include all of those lesser yet very valid benefits to the mix. The other alternative is to start planning an additional $450 into your monthly expense plan.
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