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February 26, 2017

Trees

Trees

Lets talk about trees. Trees are great for providing ice cool shade from the sweltering summer heat, but for solar systems they can be a problem. Panels need sun light in order to work. Here is the great news. Removing trees to improve the production of your solar system is perfectly fine for two reasons:

  1. The carbon dioxide and other greenhouse gases that are sequestered because of even a small solar system is equivalent to dozens of trees. Take a look at these EPA comparisons to the 4200 kWh of energy that a 3 kW solar system would produce every year.Equivalencies
    How many trees are in 2.8 acres of forest land? Probably a lot more than what you may have removed in order to install your solar system.
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  3. For every tree that is removed to improve production of a solar system, Humium Energy will plant 2 new ones via our partnership with local environmental relief organizations. If a new tree is planted every time a tree is cut down, that means that trees are being simply relocated rather than cut down. At Humium we take environmental stewardship very seriously, and we understand that a healthy environment will require not only deployment of renewable energy systems but also more direct environment-affirming actions such as recycling and reforestation.

 
So remember that when going solar with Humium you are doing environmental good!

February 13, 2017

Automobile vs Solar

Tesla Model S, Zurich, 31 January / 1 February 2013. James Lipman +44 7803 885275

Hybrid vehicles have been popular for many years and electric vehicles are gaining popularity. Since fuel cost as well as reduced CO2 emissions are usually the motivating forces behind the purchase of these cars, it is important that we compare options to see where our money is most productively spent. Here are a few facts that may surprise you.

1. The average number of dollars burned to purchase fuel this year is $1962.
2. Average cost of car insurance was around $1060 year.
3. Maintenance costs add up to around $445 per year based on the average miles driven of about 11000 in North Carolina and the $.04 per mile maintenance cost of electric vehicles.

Lets say you already own a vehicle and are considering buying an additional vehicle that is electric to save money. Ignoring the cost of electricity to charge, one will save $1962 while spending $1852, which adds up to a net savings of $457 every year. This is a step in the right direction, but can you spend less and accomplish more? Yes. Here is the reality check. Unless you are a taxi driver your car is a liability rather than an asset, thus overall it is a drain on your wealth.

A solar system, on the other hand, is an asset that unlike a vehicle pays for itself within 7 to 10 years and works whether or not you need to get somewhere via automobile (Incentives for business owners can drop the pay off time even lower).  The average price of a hybrid is $23000 according to CarsDirect. Most cars last about 15 years, but if $23000 is instead spent on a solar system, by year 15 the investment would have paid for itself and generated at least $4600 in profit. Most solar systems have lifetimes of more than 30 years so over its remaining 30 years more profits will be rolling in.

Lets look at things environmentally. A solar system that costs $23000 will be about 6 kW in power and can generate 7000 kWh annually. According to EPA Estimates, this is about equivalent to the following:
Capture

Greenhouse Gas Equivalencies

A solar system offsets greenhouse gases equivalent to one car. Here is the kicker. Even if you buy an electric car which will cost significantly more than $23000, cars rarely last more than 20 years. Solar systems have about a 30 year lifetime.

Our choice is between an expenditure that will be a liability while only offsetting one car in green house gas emissions vs another expenditure that will proceed to generate $22600 essentially risk-free while offsetting as many as 30 cars in greenhouse gas emissions. Solar systems are the better choice both economically and environmentally. Hybrid and electric cars are still cool though.

Whether you would rather spend on your assets than liabilities or you want to do the most environmental good, decide to go solar.

-Humium
Your Power, Your Profit