A solar panel is an arrangement to extract solar energy. It is mainly used as a solar thermal collector, such as solar water heater or photovoltaic cells that generate solar energy. These help us reduce our dependence on non renewable sources such as kerosene, whose price keeps on increasing. They save us a lot of money.
Just some initial investment and there is lifelong utility at a simple maintenance cost. Maintenance includes washing and dusting off in summer. They are used in industries, institutions, residences and in shops for various purposes. It has very high utility in places where there is prolonged sunshine and current electricity costs are very high. This has increased these places’ economic welfare.
Photovoltaic modules are highly employed in many small scale industries where power generation is a part of their business. Using solar panels is expected to cut costs by around 40%. Also the producers offer guarantee for an average of 20 years. Along with this they provide rebate and tax credit information. The converter which is used lasts for approximately 15 years and it takes around two thousand dollars to replace.
Its use is increasingly gaining importance in households recently by the governments initiative of providing financial incentives. It is proved that with proper installation, orientation and initial investment, electricity billing of exactly zero can be achieved.
However, it is a long term process and only for people who plan to live at a permanent residence. Used solar panels are available at a much cheaper rate and can also be bought having in mind that their efficiency is 90% of that of the new ones. Another important feature that is worth mentioning is that, it is eco-friendly with absolutely no traces of pollution.
There is continuous research in improving the efficiency of these devices and the cost of solar panels are expected to drop many a times in the coming years because there is no more shortage of silicon that is employed in making photo voltaic panels.
By 2010, solar cell manufacturing is expected to be a $25 billion-plus industry. For all this to happen, people should have the willingness to change and always accept it for the betterment of humankind.
Solar Panels may be the choice for you. It can dramatically reduce your energy consumption. A good exposure to sunshine is desirable. Investigate the tax benefits that apply to you. The overall cost may be cost effective and environmentally friendly.
Mike writes about getting a solar panel for home energy needs. If you are interested in ssome solar panel technology then visit his website for further information.
Article Source: Getting A Solar Panel For Home Energy