Solar panels are made up of photovoltaic materials that convert sunlight into electric current. Years of research have resulted in the arrival of much more efficient photovoltaic panels that can store huge amounts of electricity to be used for a variety of purposes.
Recently, triggered by fears of global warming, the push for green energy alternatives has intensified. The drive for solar electricity has trickled down to ordinary homes, and for a good reason.
Investing in a photovoltaic panel brings to your home all the advantages of solar electricity.
1) Reduction of home electricity bill
Having a solar panel installed will provide enough clean electricity to reduce your home’s electrity bill by up to 70%. While you will still need the services from your local electricity supplier, your dependence will be greatly reduced.
2) Easy installation
You would not have to redesign your house to set up the panels. They are designed to fit in most household with very little planning and effort. Installation in an average home would usually be completed in a day.
3) Emergency power supply
In case of disaster, power lines will trip and it will then take days for electricity to be restored. Having an alternative power source right in your own home will make you less vulnerable to outage.
4) Reasonable investment cost
A solar panel, at first glance, may look costly. It is about 15,000-30,000 USD for the typical American household. In states like California, the payback period is around 5-8 years.Your clean energy source is expected to last much longer than that, which are expected to remain useful until 20-25 years. With much research dedicated to the development of more efficient and cheaper photovoltaic materials, it is reasonable to expect a drop in the investment cost within a few years.
On top of all these economic benefits, a solar panel in your own home would make you feel good, knowing that you are doing your part for a cleaner environment.