Over the course of the past decade, the incorporation of solar energy into the lives of people in most parts of the developed world. Even in less developed countries, solar energy is being considered as the next way to solve the energy deficit. During this time, solar technology has become better and cheaper. Which means right now, as an average homeowner, it makes no financial sense to NOT invest in solar power. A well maintained solar power system will more than pay for itself in the long run.
It is renewable energy that produces no waste products and does not pollute the environment. And I’m sure I don’t need to explain that that is becoming popular today. So if you don’t already know much about this alternative energy source, it’s best that changes now. Let’s discuss some frequently asked questions about solar power.
FAQs about Solar Power Answered
How expensive is to invest in solar for residential homes?
In the past decade alone, the installation cost of this energy source has dropped by 70 per cent and it keeps dropping. Solar power has changed from being mainly green energy accessory to becoming a very sensible home upgrade. To get the best out of a solar, you would need the panels, batteries, and an mppt solar panel charge controller. In 2008 the average cost of setting up solar was about $8 per watt. This price has dropped to a little below $3 per watt.
Should I go for Solar Power for home use or for commercial purposes?
Typically, the amount of solar power required for a residential home tends to be around 6 kilowatts. However a commercial solar power project may be required to power a small town or a company’s activities, so the size and cost would vary greatly from that of a residential home. The cost of most residential solar power setups is attainable for the average homeowner. However, a solar power project for commercial purposes will require significant capital investment.
How long does it take to install a solar power system for a residential property?
Apart from the planning phase ad initial discussions and site visits, the actual installation process will only take a couple of days. Other factors may affect the time frame. For instance, if you choose to connect your panels to the grid, this would take more time. However, the installation process is fairly simple and brief.
Can you get solar power for your home, even if it can’t be on your roof?
Yes. The simple, modular nature of a solar power setup means that you can install it almost anywhere you can get access to direct sunlight. Ground mount solar panels are another way of achieving this. In some areas, community solar gardens are also used.
How much can you rely on solar power in your home?
In an ideal situation, a solar system should be able to fill 100% of your energy needs. However, because your system would not be able to constantly collect optimal sunlight every day of the week. So you might need power from the grid as a backup from time to time. But with net-metering, you could benefit from the credits from the surplus production of your solar panels. This would mean not having to pay for the electricity you get from the grid.
The average life of solar panels is 25 to 30 years, and they can usually pay for themselves within the first 8 years of use. However, even if you aren’t planning on staying in your home for that long, a solar power system can greatly improve the value of your home if you do choose to sell it. Any way you look at it, it’s a win for your wallet.