Solar Energy Products: Stepping Stone towards Environment Sustainability

Abstract

Conventional energy based productshave facilitated our lives but the harm that they are doing to the environment cannot be ignored. Hence there is a need to popularize the adaptability of non-conventional sources of energy which can prove to be a boon to control the degradation caused to the nature. Among the non-conventional energy sources we tried to study Solar Energy, which is significantly one of the most sustainable, green, clean and the most readily available source. The study attempts to understand the importance of solar energy products, to take out the factors of buying solar energy products. The study also aims to understand the intensions of the respondents towards buying of these products. Two sections in the questionnaire are based on the demographical information of the respondents and items to analyze the buying intensions of respondents towards purchasing solar energy products. Interpretation of factors of solar energy products is done through Factor analysis with KMO. Demographical variables association with buying intentions of the consumers is also tested through Chi square test of independence.