subject: Residential Solar Panel- Helps in Reducing Electricity Bill [print this page] With the mounting costs of living, we really need to use the alternative sources of energy like solar power and wind power for our home. Solar power panels are one of the best alternative sources of energy for your home. This wide resource of energy can be tapped with an initial investment that will pay for itself over the period of time. Instead of using the non-renewable resources of energy and paying large amount of money on bills, one can use solar power panels which will help you in saving your money.
These residential homes use almost forty to seventy percent of the power from solar power systems which gives a huge saving over a period of time. The costs of solar power panels will vary depending on the solar power panel you choose for your home. The solar panels have high storage capacity.
There are ample benefits of using solar energy as an alternative source of energy. Some of them are listed below:
It is a renewable source of energy, so we never have to worry about the running out of sunlight or using it all up.
Solar energy is environmentally friendly. Unlike fossil fuels solar energy did not release any green house gases into air.
Solar cells did not make any noise in collecting the energy.
For a longer use, solar energy is much cheaper than buying electricity from the company.
You may find number of solar panels which are divided into two categories electricity production (photovoltaic or PV technology) and water heating (solar thermal or flat plate technology).
No electricity is required while using the solar panels. Imagine never paying another monthly bill or hook-up charge.
You may sell extra electricity. If you build a large solar panel system, you can draw backward your electricity bills. Contact your local power companies for more details.
Government tax credits. There are some government rules which provide some kind of tax credit or incentive for people purchasing solar energy systems usually covers 20-30% of the system cost. Contact your local representatives for more details.
10. The installation of solar panels are increased almost 50% every year, most of them are homemade systems.
Even though solar energy is a free of cost and a renewable source of energy, still it has some drawbacks that we must consider. One very obvious point is that solar energy cannot be processed at night. So this cuts back its proficiency rate. In order to overcome such problems, some scientists are working on maximizing the storage capacity of solar energy during the day time which in turn increases the productivity of solar energy panels.
Residential Solar Panel- Helps in Reducing Electricity Bill
