Ozark Living

March 2021

Ozark Living, Northwest Arkansas’ longest running real estate publication, is distributed the first week of each month.

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Many people may be familiar with the term "sustainable energy," but not everyone may be aware of what that term implies. According to Energy Alabama, sustainable energy is energy that meets the needs of the present without compromising the ability of future generations to meet their own needs. Inexhaustible, sustainable energy sources cannot be used up or depleted. Widely known sources of sustainable energy include solar, wind and water, but there are other sources as well. Bioenergy, the process of creating energy from biological masses such as manure and other agricultural byproducts, is one such sustainable energy source. Geothermal energy is another sustainable energy source, and that refers to energy gained from the planet's internal energy sources. An increased focus on sustainable energy sources is a byproduct of warnings from environmentalists and researchers alike that suggest traditional sources of energy, including coal and natural gas, will not be available to future generations. By finding and supporting sustainable solutions now, scientists and consumers can protect and provide for future generations. Another advantage to sustainable energy sources is they do not produce greenhouse gases or pollutants, further protecting the planet and ensuring future generations will have a healthy planet to call home. What is sustainable energy? Home improvement trends come and go. What's popular among today's homeowners may feel dated to prospective buyers a decade from now. But solar energy is one home improvement trend that does not figure to go the way of sunken living rooms or popcorn ceilings. Solar energy has done wonders to improve the employment rate. According to the Solar Foundation's National Solar Jobs Census, in the United States there were more than 260,000 solar workers in 2016, an increase of 25 percent from the previous year. e search for a renewable energy source has led many people to embrace solar energy, but there are many more reasons for homeowners to embrace going solar. Return on investment Many people considering solar energy for the first time may experience some sticker shock when they learn the cost of installing solar panels on their homes. But data from the EnergySage Solar Marketplace indicated that, in the first half of 2015, solar shoppers who compared their options achieved payback on their solar investments in 7.5 years. So in addition to the monthly savings on their utility bills, homeowners can expect to recoup their solar energy investments in a relatively short period of time. Property value Whether they plan to do so in the near or distant future, homeowners with an eye on selling their homes may be interested to learn that a recent study from the Lawrence Berkeley National Lab found that solar panels can significantly increase property value. e study analyzed the sales of more than 20,000 homes in California, Connecticut, Florida, Massachusetts, Maryland, North Carolina, New York and Pennsylvania, suggesting the desire for solar energy among prospective buyers is not exclusive to a particular region of the country. Energy independence According to the U.S. Energy Administration, most of the energy consumed in the United States comes from fossil fuels like petroleum. e EIA also notes that, in 2016, the United States imported about 10.1 million barrels of petroleum per day. By embracing solar energy, Americans and citizens of any country that relies heavily on foreign oil imports, can take a big step toward increasing their energy independence. e use of solar energy is on the rise, and there are many reasons for homeowners to embrace this increasingly popular energy source. The benefits of solar energy 12 • March 2021 • OZarK LIVING

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