Among all the benefits of solar panels, the most important thing is that solar energy is a truly renewable energy source. It can be harnessed in all areas of the world and is available every day. We cannot run out of solar energy, unlike some of the other sources of energy. Solar energy will be accessible as long as we have the sun, therefore sunlight will be available to us for at least 5 billion years when according to scientists the sun is going to die.
Since you will be meeting some of your energy needs with the electricity your solar system has generated, your energy bills will drop. How much you save on your bill will be dependent on the size of the solar system and your electricity or heat usage. Moreover, not only will you be saving on the electricity bill, but if you generate more electricity than you use, the surplus will be exported back to the grid and you will receive bonus payments for that amount (considering that your solar panel system is connected to the grid). Savings can further grow if you sell excess electricity at high rates during the day and then buy electricity from the grid during the evening when the rates are lower.
Solar energy can be used for diverse purposes. You can generate electricity (photovoltaics) or heat (solar thermal). Solar energy can be used to produce electricity in areas without access to the energy grid, to distill water in regions with limited clean water supplies and to power satellites in space. Solar energy can also be integrated into the materials used for buildings. Not long ago Sharp introduced transparent solar energy windows.
Solar energy systems generally don’t require a lot of maintenance. You only need to keep them relatively clean, so cleaning them a couple of times per year will do the job. Most reliable solar panel manufacturers give 20-25 years warranty. Also, as there are no moving parts, there is no wear and tear. The inverter is usually the only part that needs to changed after 5-10 years because it is continuously working to convert solar energy into electricity (solar PV) and heat (solar thermal). So, after covering the initial cost of the solar system, you can expect very little spending on maintenance and repair work.
Technology in the solar power industry is constantly advancing and improvements will intensify in the future. Innovations in quantum physics and nanotechnology can potentially increase the effectiveness of solar panels and double, or even triple, the electrical input of the solar power systems."
If you are scavenging the internet in search of ways to minimize your carbon footprints, solar energy is the surefire answer. Solar energy will not only help you dial back on your carbon footprint, but also oversize your systems to ensure you live in a carbon-free house. Some states in the U.S. even allow individuals to invest in other people’s roofs to create a lot more solar energy.
Solar energy is an alternative for fossil fuels as it is non-polluting, clean, reliable and renewable source of energy. It does not pollute the air by releasing harmful gases like carbon dioxide, nitrogen oxide or sulphur oxide. So, the risk of damage to the environment is reduced. Solar energy also does not require any fuel to produce electricity and thus avoids the problem of transportation of fuel or storage of radioactive waste.
If you are looking to sell your home in the future, suffice to know that installation of solar technologies can significantly increase its value. This especially manifests in areas where buyers are more likely to buy a home installed with solar panels like high populated cities where environmental degradation is taken seriously by the authorities. According to research findings, solar panels can add up to Rs 1,00,000 to the value of a house. This figure represents the amount required to install a solar panel, which means you will be able to recoup your money when you sell the property. That represents a bright investment in your property.
Solar panels are easy to install and does not require any wires, cords or power sources. Unlike wind and geothermal power stations which require them to be tied with drilling machines, solar panels does not require them and can be installed on the rooftops which means no new space is needed and each home or business user can generate their own electricity. Moreover, they can be installed in distributed fashion which means no large scale installations are needed.
Solar energy can be of great boon in areas which have no access to power cables. It works great in remote locations where running power lines would be difficult or costly. Solar panels can set up to produce solar energy there as long as it receives the sunlight.
Besides saving up a lot on your utility bills, you might get a big portion of your money back by installing solar panels. Most governments give tax credits to homeowners in a bid to encourage the use of solar energy. These tax credits mostly cover more than 30% of the installation cost. Lots of states also extend tax rebates to homeowners that utilize solar energy. To add to that, if your solar panel generates more than enough energy, utility companies allow you to sell back the energy to them.
Solar cells make no noise at all and there are no moving parts in solar cells which makes them long lasting and require very little maintenance. Solar energy provides cost effective solutions to energy problems where there is no electricity at all.