Solar Panels On The Rise
CHARLOTTE, NC- Solar panels may soon be the next must-have home accessory.
Kevin Newell bought solar panels last December. He paid roughly $28,000 and expects a full return on his investment in 10 years. He doesn't use the energy he produces for his home, he sells it, "We're actually providing the power that we're producing and we're pushing it back on the grid for other people to use and we get paid for it."
In less than a year these solar panels have produced enough energy to provide power to 143 homes for one full day.
Newell considers himself a producer of energy, "It's the fundamental feeling of doing what's right. Reducing our carbon foot print."
Mohamed- Ali Hasan is a Professor of Electrical and Computer Engineering at UNC Charlotte.
He feels more people will begin purchasing solar panels for their homes within the next few years.
"The price of electricity keeps going up. The price of solar power will keep going down and we are almost at the breaking point."
He says solar energy is also clean and doesn't produce waste, "It is the only technology besides batteries that produce electricity without anything moving, without any moving parts it's really just a plate."