What Are Solar Panels?

Solar panels are a renewable energy resource which can be used to produce electricity for use within commercial and residential buildings

. Solar panels consist of a collection of connected photovoltaic cells which convert Sunlight into electricity. When multiple solar panels are connected they can provide enough electricity to power buildings (one single solar panel isn't a sufficient power source for modern day requirements).

Solar PV panels have become incredibly popular due to their environmental and financial benefits for home and business owners alike. Government incentives have made solar panels a feasible prospect for many homeowners and offer an excellent ROI. So what are solar panels and how do they work?

How Do Solar panels Work?

The photovoltaic cells, which solar panels consist of, use the Sun's rays to generate electricity though the photovoltaic effect. The stronger the Sunlight, the more electricity the cells generate. The collection of multiple solar panels provides enough electricity to power a building.

Solar panels are supplemented by the national grid, when Sunlight is minimal the building then uses energy from the national grid and when excess energy is produced by the panels it's fed back into the national grid.

What are Solar Panels Good For?

The financial benefits of solar panels are one of the main reasons they're so attractive to home and business owners.

The Feed in Tariff is used to reward owners of solar panels for producing clean, renewable energy. For every Kilowatt hour of energy produced the owner is rewarded a set amount (depending on the Feed in Tariff at the time of installation). Currently, a reward of 43.3 pence per Kilowatt hour of energy produced and used. The owner's also rewarded for energy they produce but do not use and is pumped back into the national grid, this rate currently stands at 46.4 pence per Kilowatt hour. In addition to the Feed in Tariff, the owner produces free electricity which means they will see a drastic reduction in energy bills.

There are also incredible environmental benefits from having solar panels. They produce energy from a renewable resource as opposed to fossil fuels. The burning of fossil fuels has significantly contributed to climate change and global warming, due to them damaging the o-zone layer. Solar panels use a completely clean energy resource and therefore, significantly reduce the building's carbon footprint on which they're installed. As part of the government's plans for a greener Britain they introduced the Feed in Tariff to make solar panels are more attractive prospect for homeowners and businesses to invest in.

Solar panels have dramatically increased in popularity over the years and are now an option many home and business owners should consider. Aside from their environmental benefits, they're a sleeping asset and source of free electricity - two aspects which are hard to refuse.

by: Stephanie Staszko

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