Benefits of Solar Panel Electric Power Systems
How effective is your current energy source?
If you’re looking into more sustainable ways to generate electricity for your facility, it’s time to look into solar panel technology. Solar power systems are among the most popular sources of renewable energy. Derived from the sun’s radiation, they can provide you with optimal levels of energy while keeping your ongoing operation costs fairly low. We’ve highlighted some of the key benefits that you need to consider when looking into other energy sources for your commercial facility or home.
High-Quality Renewable Energy
The chief benefit of installing solar panels? They offer one of the best sources of renewable energy available. Unlike other energy alternatives, like fossil fuels or conventional electricity systems, there isn’t a limit on how much energy the sun can produce. That is until the sun burns out; but fear not, because scientists don’t expect that to happen for at least five billion years.
Manageable Electric Bills
Initial installation costs can be minimized through project financing and utility rebates to reduce the cost that you are paying for each kilowatt-hour. Paybacks typically range from 3-5 years for each installation. You’ll be able to meet all of your electricity needs and sell back surplus energy to the grid you’re connected to. You can save even more if you sell electricity at a higher rate during the day, before buying back electricity from the same grid during the evening when prices drop a little.
With solar panels, you won’t have to worry about what specific applications work with your energy source. You’ll be able to generate electricity (photovoltaics) or heat (solar thermal), meaning that any application you want to use will be covered. It can be integrated into the materials used for buildings, power satellites in space, and distilling water in regions with minimal clean water supplies.
Low Maintenance Costs
One of the most frustrating aspects of working with an outdated energy source is frequent maintenance. If your energy solution isn’t built to last, you will have to bear the cost more often than not. Solar panels represent a more reliable option; several manufacturers offer 20-25 year warranties, and the panels themselves incur minimal wear and tear. Beyond the inverter (the part that works to convert solar energy into electricity and heat) and the cabling, there generally isn’t much that needs to be continually repaired.
Solar panels are the way of the future—they’re only going to become more efficient and save you more money on your energy bill. Innovations in several fields, including quantum physics and nanotechnology, can further increase how effective your solar panels will be. Invest in a solution with a high floor and an even higher ceiling; you won’t ever have to worry about whether or not you made the right decision.