A home solar panel is one of the most popular ways of generating your own electricity or heated water. It’s eco-friendly, requires little to no upkeep once it’s in place, and won’t take long to earn back its cost. The technology just keeps getting more and more efficient, while simultaneously getting less expensive.
Around 30 years ago the solar technology industry went through a boom of sorts, but it was unfortunately very short lived. At that time, government assistance and the novelty of having solar panels grabbed the attention of potential customers, only to have the tax breaks and subsidies canceled by a new administration in the early 1980’s. The new boost to the solar industry is here to stay.
Now that global warming has become a consistent, insistent presence in everyday discourse, the new tax credits and subsidies should last much longer. They might even become permanently implemented. What this means for the potential purchaser of solar panels is a reduced initial investment.
Almost everyone who looks into solar panels currently is trying to generate electricity at home. The type of solar energy system that performs this feat is called a photovoltaic (PV) solar cell. There are pre-made, ready to go panels that combine many of these cells, but there are also DIY kits available. The DIY kits are quite a bit cheaper, but not up to the standard of a manufactured PV panel.
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Even though PV solar cells have been getting more and more efficient, the average setup works at about twelve percent efficiency, while some of the top systems cap out at about seventeen percent. Keep in mind that because of these efficiencies, a solar electricity system is going to take a number of years to earn back its initial cost, even though you’ll save money on the electricity bill right away.
A new photovoltaic panel installed on or around the home will also diminish the amount of carbon your household is responsible for, and these benefits start right away. The carbon and energy used to produce them will also be saved in a much shorter time than the monetary cost. It’s possible to start working down your carbon output right away with solar PV panel.
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