Six Lesser Known Facts About Solar Energy

The average person knows the basic stuff about solar energy, for example, what it is and the fact that it’s considered better for the environment than other forms of energy.

Almost every country in the world has at least 2 percent of energy that is solar energy; however, there are several facts about solar energy that not everyone is aware of.

1. Germany Uses the Most Solar Energy

Germany Uses the Most Solar Energy

Many people think that the United States uses the most solar energy out of all the countries in the world. This is mainly due to the fact that solar energy development increased more in the United States during the year 2008 than in any other country. Of course, this created the impression that United States would continue to develop solar energy and eventually become the country that used it the most.

However, contrary to popular belief, it is actually Germany that has grown to be the world’s leader when it comes to solar energy. Almost 50 percent of Germany’s energy is solar energy, and it is aiming to have 100 percent solar power by 2050.

2. Einstein Was Involved in Solar Energy

Einstein Was Involved in Solar Energy

You probably know that Albert Einstein won the Nobel Prize in 1921, but not a lot of people know that the reason he won it was related to the installation of solar energy. Einstein explained the photoelectric effect and wrote a thesis about it in 1905 – years before he won the Nobel Prize.

The photoelectric effect is the principle behind what produces solar power. While Einstein’s theory became popular, it wasn’t proven until 1915, 10 years later. Albert Einstein conducted several important experiments with some of the earliest solar panels.

3. Solar Energy Will Eventually Be Free

Solar Energy Will Eventually be Free

Although solar energy systems are expensive to buy at first, after a few years, you will be getting free energy all the time. It is estimated that solar energy systems pay for themselves in five years, which means after that, all the electricity you receive will be free.

If you get a lot of sunshine to your home and you have the liberty to install a solar panel, it’s highly recommended that you do. Not only will it save money in the long term, but it’s also much better for the environment.

4. Use Solar Energy Where There’s Not Much Sunshine

Use Solar Energy Where There's Not Much Sunshine

It’s a common misconception that solar energy can only be used where there’s a lot of sunshine. However, this is not entirely true. The solar energy systems that you can purchase today can be used even in places where there’s not much sunshine.

When the sun is shining, the solar panel will store the excess energy that it doesn’t need at that particular moment. Of course, this means that when the sun isn’t shining, there’s stored energy that can be used.

5. It’s Good for the Economy

Solar Energy Is Good for the Economy

Believe it or not, solar energy is good for the economy. Well, it’s not solar energy directly that’s so good for the economy; it’s the effects it has on society that boosts the economy. Owing to the increasing demand worldwide for solar energy panels, businesses are requiring employees to help install these panels on homes, factories and various other buildings.

The demand for solar energy employees is mainly in the United States, where solar power is rapidly increasing. However, the problem that the country is faced with is the fact that there are not enough qualified people to fill the jobs available.

6. Get Paid for Your Solar Energy!

Get Paid for Your Solar Energy!

Not only can you save money by installing a solar energy system, but you can also earn money from it! Net metering is the process whereby electric companies buy solar energy from you. If you get a system that stores the excess energy that is procured from the sun, you can sell this to electric companies and easily make enough money to get back the cost of the solar energy system. Instead of paying the electric companies thousands of dollars each year, they’ll be paying you!

Conclusion

Solar energy has lots of benefits, and the obvious one for most people is how much money you can save and make by using it. Of course, there aren’t so many things that people don’t even know about solar energy! If you’ve studied solar energy or make money from it, leave your stories in the comments for others to read.

Image Credit: 1.

The Global Economy: 10 Astounding Infographics Comparing Money Matters Around the World

It goes without the saying that comparing wealth and spending in different countries is almost impossible: people work, earn and even spend differently – moreover, their ways of life and views can be too different to compare.

However, we still try to compare because people move around the world and they want to know what they can expect in different corners of the globe.

Here are the 10 greatest examples of information graphics comparing money, spending and earning around the world:

1. U.S. Education vs. The World

Compare countries money
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Americans Spend More on Mother’s Day than the top 50 Poorest Nations Entire GDP

I found this fascinating. A few weeks ago we celebrated Mother’s Day here in the US, and when I was watching the news they reported that Americans will spend $2.5 Billion on jewelry, and another $3 Billion taking moms out to eat. And there was more money to be spent in other categories too ($Billions).

When I saw that, it kind of floored me. After all, we’re talking about $5.5B on food and entertainment in a single weekend. Which is actually more money than the 50 poorest nation’s entire annual Gross Domestic Product (GDP).

Seriously, if you head over to Google’s public data explorer you can graph out these GDPs and see just how excessive things are.

So, next time you’re whining about how crappy our economy is right now, let me remind you that you probably spent like $300 on food and a gift for Mom – and that is more money than people in Afghanistan earn in a year. So quit your whining and get back to work!

The 8 Best Ways to Earn Money With Google Adsense Alternatives

Ok. You’re a blogger. You want to earn money from your website (don’t we all). I realize there are a lot of folks trying to tell you how to make money with Google AdSense (even though most don’t make jack squat), and even though I certainly make a lot more than average from Google AdSense, I actually spent a lot of time researching and testing Google AdSense alternatives in order to see if we could do a little better than simply putting Google ads on our sites.

Below you will find the best Google Adsense alternatives I could find, complete with a little description and a link to the provider, in the hopes of helping you put a little more cash in your pocket.

If you have any first hand experience with these please drop a comment below and let us all know. Especially if you can share some light on actually getting paid by these advertising providers. How long it takes, how much you made, and what your general impression of working with them would be most valuable! Also, please help me spread the word on this particular post since I know it’s something a lot of people are looking for.
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What $20,000 in Cash Looks Like

There is actually no reason whatsoever for this completely random post. Except that I thought I’d point out what a very small stack $20,000 worth of $100 bills looks like.

$20,000 Cash

Seems like it should be a lot bigger stack, doesn’t it?

US State GDPs VS Other Countries

US State GDPs VS Other CountriesWe often hear about how the US is such a consumption oriented country. We’ve got the fattest people, we pollute the most, we’re spoiled… yeah, yeah, whatever.

But here is an interesting way to look at the economic impact the US plays on the global economy. You see, comparing the Gross Domestic Product of another nation, say… Canada, to the US is just silly. In fact, the entire output of Canada is roughly equal to just the state of Texas.
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Stock Exchange Record Setting Downturn

Stock Market DeclineToday the New York Stock Exchange had a record setting day… in a very bad way. Without warning and in a period spanning just one minute, the market lost a combined $60 Billion in just the top 30 blue chip companies. That’s with a “B” folks.

The Associated Press said the following:

Stocks Have Worst Day Since 9/11 Attacks: Dow Down 416, Nasdaq Drop 97 on Global Market Plunge

NEW YORK (AP) — Stocks had their worst day of trading since the Sept. 11, 2001, terrorist attacks Tuesday, hurtling the Dow Jones industrials down more than 400 points on a worldwide tide of concern that the U.S. and Chinese economies are stumbling and that share prices have become overinflated.
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The Importance Of Retirement Planning

nitro.jpgNitroglycerin is volatile. So are markets, all markets. Always have been, always will be. In 2000 the stock market took a nose dive, just as it has, on average, every 7 years since they opened the doors of the NYSE.

Spinach farmers can tell you a thing or two about volatility with the recent food poisoning scare that came out of California. And a lot of people have a lifetimes worth of experience with making and losing money on real estate.
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Ambition

Every morning I get up and look through the Forbes list of the Richest People in America. And if I’m not there, I go to work.