2016 Reduction in Solar Panel Prices

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In recent years the cost of installing solar panels in order to take advantage of solar energy has begun to drop making this technology more affordable for a wider segment of the population. Solar energy has many advantages that make it an ideal way for our society to transition from being reliant upon fossil fuels to making use of renewable energy that is better for the environment. The problem that plagued the widespread implementation of solar energy in the past was the high cost of having solar panels installed.

While in the long run an investment in solar panels would pay off, it would usually take decades to actually pay off. For the average person or family this meant paying out a lot of money up front, which was often beyond their financial means. The good news is that a variety of factors have come together to help reduce these costs making solar energy a viable option for many more people.

solar cost graph via of Solar Ottawa
So why exactly has the cost of solar panels gone down?

The main reason behind this is an improvement in the materials and manufacturing process used to make them. As Ottawa Solar Power owner Sean Sergio stated, “As materials for solar panels are being manufactured on a larger scale many companies are finding ways to cut costs while still keeping the quality level high. ” Sergio, an avid solar energy supporter has been selling solar panels in Ottawa for years mentioned, “In fact many new solar technologies are emerging that are lower in cost as well as more efficient and longer lasting than previous generations of solar panels.”

This means that for the consumer you can get a product that is better, longer lasting, and will have a substantially lower up front cost. While this up front cost is still high, it is far more affordable than it was in the past making a future with solar energy more attainable by all.
Another factor making solar energy more affordable are the growing number of companies that utilize a lease program for solar panels. Instead of paying a high up front cost homeowners that deal with these companies instead pay a monthly lease for their solar panels.

So while you have to make a monthly payment to a solar energy company the amount you have to pay each month on your electric bill will be much lower. In fact the combined amount you pay for electricity and for your leased solar power panels is usually much lower than your electric bill would be.
While it’s a better long term investment to actually pay for you solar panels instead of leasing them, leasing is an option that is more affordable for many people. The good news is that whether you pay for your solar panels yourself or lease them, you will save money long term while also helping to protect the environment.

Solar energy is the future, it’s a clean, endlessly renewable source of energy that is becoming more commonplace everyday. As technology and manufacturing processes continue to improve the cost of buying your own solar panels will continue to drop which will put solar energy in reach for most of the population.

Technology Making News a Thing of the Past

Technology Making News a Thing of the Past

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It seems that almost every year, a new iPhone is introduced into the market, and due to the technology that makes phones into smaller, more portable computers, news is traveling to people in ways that no one could have expected fifteen to twenty years ago. To find out what is happening in the world, people no longer have to wait the next day or week for newspapers and magazines to be published so they can be informed about current events. Instead, due to disruptive technology, such as the smartphones and their apps*, media outlets that have been around for years have become outdated and are now considered old media.

According to Caroline Howard in her article for FORBES**, disruption “changes how we think, behave, do business, learn and go about our day-today”. So therefore, disruptive technology is thus labeled because it is part of daily life, and concerning the media, it completely changes the way we receive and distribute news. This change creates new media distribution channels that can include the typical news outlets you can find on the television to the social media on the internet (Twitter, Facebook, BuzzFeed, etc.). Any media outlet that can carry news in a faster way due to the introduction of disruptive technology can be considered new media because these outlets are the main sources of current events.

Right now, it may not seem that we can receive news any faster than we already do. However, as Jill Lepore states in her article featured on The New Yorker, “Disruptive innovation is competitive strategy for an age seized by terror”. Her reference to terror is more specifically referring to the fear of losing financially. This is why technology companies consistently create better products—so they can increase their profits and try to stay ahead of others who do the same. But in this technology race, new media is created, causing current forms of the media to either adapt or risk joining the floppy disks and 8-track players living amidst piles of dust.

Although the numerous innovations that take place over an increasingly shorter span of time may sound negative due to the businesses and media outlets that may go under because they could not adapt, they can also be positive. These innovations, sometimes labeled as disruptive, cause people to change in the way we think and act, creating different jobs, and placing different emphasis on what is important to our society. These new technologies challenge the media and other technological companies to think of new ways to stand out and appeal to people all over the world. With the constant introduction of new technology, soon, most likely what we call “new media” will also become an outdated tool to find information. Even with all the changes in technology that we have seen in just the last twenty years, it may be hard to imagine a world where news can travel faster than our fingertips.