The uptake of photo voltaic energy has not been larger than in recent years as compared with any other period in history. There are more manufacturing companies of solar panels and inverters than there ever was before. The cost of individual panels has fallen by approximately seventy per cent in the past two years. Governments are tweaking legal guidelines to promote the use of renewable energy. Local councils are including alternative energy into their construction codes. Banks are providing 'green' mortgages particularly targeting the investment of environmentally friendly hot water systems, solar panel systems, water tanks etc. Urban dwellings and small companies are installing small scale pv systems on their rooftops. It appears so many people are getting on the solar train. But could there really be any gain in photo voltaic energy for the typical Joe Bloe? Is solar power worth it?
This question may be answered from a number of different angles. This article is going to seek to supply answers for those who are enquiring from a monetary, ecological as well as a practical viewpoint.
It is likely that you are asking the value of photo voltaic question from a financial perspective. What is the return on my investment (ROI)? This question should be solved, taking into account a variety of different elements. The greatest factor influencing this answer is where you live in the world. Where you reside determines what amount of sun your solar collectors will be exposed to in the course of the year. In general, the nearer you reside to the equator, the more hours your Photovoltaic system is going to be exposed to the sun on a daily basis. Also, more electric power you system will produce compared to the other parts in the world. Which region you live in, also decides whether or not you will receive government financial incentives to put in a photovoltaic system. Take a look at what your numerous levels of government are offering. Additionally, make sure you research and find out what the cost is to install a system. When calculating the time it takes to pay off the original price of the install, consider your electricity usage, and the predicted rising cost of electricity into the future. On the basis of these aspects, you will get much more of an idea if solar will pay itself off in the short term, in the long term, or if even at all.
You may be asking this question about the advantages of solar from an ecological point of view. Is the quantity of embodied energy of solar less than or greater than the embodied energy of other forms of electricity generation? My investigation into that question found that the energy payback for solar power has reduced from the estimated twenty years back in 1975, to currently a time period of less than three years. In recent years, there has been a rapid technological advancement in the manufacturing of Photovoltaic cells and solar panels, such that the ecological advantages of installing solar are increasingly becoming a lot more obvious.
On the other hand, you may be asking the same question concerning the advantages or drawbacks to solar power from the approach of convenience. As an example, you might have a requirement to get electrical power to an isolated region. The substantial reduction of cost to set up solar has now made it a real, practical alternative when compared to other alternatives. Evidently in Australia, people are installing stand-alone systems as the price to set up electrical power infrastructure such as power poles as well as a transformer is considerable. You may be asking yourself what the maintenance cost is when you own a system. The majority of PV systems are grid connected. These types of systems need little if any maintenance. When ever the sun is shining and the PV system is producing sufficient electricity, excess electric power is fed back to the grid. At times whenever the dwelling requires more electricity than the system can create, the electrical power grid provides what is needed. The inverter as well as the meter take care of it all. No interaction by the property owner is required. Although, remote stand-alone systems need to have a little more attention. This can include the intermittent operation of a diesel generator when ever the batteries of a standalone system have been depleted because of a prolonged time period of cloud cover.
When it comes to the overall important things about solar power, many factors should be thought through. This informative article has only begun to skim the surface, looking at three wide-ranging elements.
This question may be answered from a number of different angles. This article is going to seek to supply answers for those who are enquiring from a monetary, ecological as well as a practical viewpoint.
It is likely that you are asking the value of photo voltaic question from a financial perspective. What is the return on my investment (ROI)? This question should be solved, taking into account a variety of different elements. The greatest factor influencing this answer is where you live in the world. Where you reside determines what amount of sun your solar collectors will be exposed to in the course of the year. In general, the nearer you reside to the equator, the more hours your Photovoltaic system is going to be exposed to the sun on a daily basis. Also, more electric power you system will produce compared to the other parts in the world. Which region you live in, also decides whether or not you will receive government financial incentives to put in a photovoltaic system. Take a look at what your numerous levels of government are offering. Additionally, make sure you research and find out what the cost is to install a system. When calculating the time it takes to pay off the original price of the install, consider your electricity usage, and the predicted rising cost of electricity into the future. On the basis of these aspects, you will get much more of an idea if solar will pay itself off in the short term, in the long term, or if even at all.
You may be asking this question about the advantages of solar from an ecological point of view. Is the quantity of embodied energy of solar less than or greater than the embodied energy of other forms of electricity generation? My investigation into that question found that the energy payback for solar power has reduced from the estimated twenty years back in 1975, to currently a time period of less than three years. In recent years, there has been a rapid technological advancement in the manufacturing of Photovoltaic cells and solar panels, such that the ecological advantages of installing solar are increasingly becoming a lot more obvious.
On the other hand, you may be asking the same question concerning the advantages or drawbacks to solar power from the approach of convenience. As an example, you might have a requirement to get electrical power to an isolated region. The substantial reduction of cost to set up solar has now made it a real, practical alternative when compared to other alternatives. Evidently in Australia, people are installing stand-alone systems as the price to set up electrical power infrastructure such as power poles as well as a transformer is considerable. You may be asking yourself what the maintenance cost is when you own a system. The majority of PV systems are grid connected. These types of systems need little if any maintenance. When ever the sun is shining and the PV system is producing sufficient electricity, excess electric power is fed back to the grid. At times whenever the dwelling requires more electricity than the system can create, the electrical power grid provides what is needed. The inverter as well as the meter take care of it all. No interaction by the property owner is required. Although, remote stand-alone systems need to have a little more attention. This can include the intermittent operation of a diesel generator when ever the batteries of a standalone system have been depleted because of a prolonged time period of cloud cover.
When it comes to the overall important things about solar power, many factors should be thought through. This informative article has only begun to skim the surface, looking at three wide-ranging elements.
