The Money Saving Benefits Of Solar Panels

Energy prices have risen higher than ever in recent years, and forecasts suggest they are set to rise higher still. Amongst household expenses, heating and lighting your home can often be the highest bill. Increasingly people are more aware than ever before of their CO2 emissions and the environmental impact of nuclear power.

Investing in solar power is a great way to tackle the problem of soaring energy prices. Solar PV is solar photovoltaic power. Solar PV panels create energy for your home or commercial building by translating sunlight and the suns radiation into energy, which can cover most of your household needs.

Energy bills are set to rise by up to 60% every year for the next decade, so there has never been a better time to invest in solar technology. Solar PV panels will cut your household bills significantly, allowing you to generate your own power. Should you decide to sell your house, installing solar power can add 1% to the final selling price.

As of April 2010 solar power users have the chance for even bigger financial benefit. The tariff gives users the opportunity to sell the utility companies the surplus energy generated by their solar panels, at a higher rate. So for the rate of 36p per unit, you can sell your unused energy back to the national grid, for example if you go on holiday.

To set up your own solar PV panels in your home or office requires only a one off purchasing price and installation fee. However, the panels will significantly lower your household bills, lower your CO2 emissions, and even give you the ability to make money off your excess energy, and the panels themselves require very little maintenance. With the energy prices rising, there is no better time to invest in solar PV panels to reduce your household costs.

Find out more about solar pv panels

How To Choose Solar Panels For Your Home

Solar technology has advanced a lot over the last few years. There are now new types of cell and panel which are much more efficient. The cost of manufacturing has come down and it is now a better time to invest in some solar panels for your home. It is important for all of us to find a cheap energy supply as prices rise and global warming increases the imperative for clean energy.

There are basically two types of solar energy for residential use and each has advantages and disadvantages. There are solar panels which heat water which can be used in the house or for a swimming pool. Then there are solar panels with photovoltaic cells which can generate electricity.

The cheaper option is solar heating panels which just heat water. They cannot be used for central heating or electricity generation. The system works by changing radiation from the sun into heat. It does not, therefore need direct sunlight to work and can even work on cloudy days. The household water will be heated by the panels during the day and switch to the boiler at night. The saving from this type of system is thought to be around fifteen percent of energy costs.

Reducing your bills more requires a bigger investment in solar panels with photovoltaic cells which might save you around thirty percent of energy costs. You will need a larger space on the roof as they are bigger than heating panels. It is possible to have the main system and some panels fitted and add panels at a later time. There are currently Government grants available in many countries to help with the investment. A big advantage with this system is that any extra power generated can be sold to your local power company.

Technology for solar power is changing all the time. For example, there are new innovations which make them more efficient and able to function with less sunlight. Solar heating panels can be made with evacuated tubes which collect the heat. There are now models made specifically for colder climates which are insulated to stop heat loss.

If you decide to choose photovoltaic panels then you will be faced with three options for different types of cell. The least efficient are the cheapest ones with Monocrystalline being the most expensive and efficient. They are the newest type of cell and the most expensive to manufacture but you may find that they are worth the extra cost.

There are many considerations when choosing solar panels. The number of hours of sunlight, direction of your house, size of the roof will all have a bearing on which system you can have. You will also have to look into your average electricity needs and work out how to meet them. Solar energy will not take over altogether but you should assess whether the savings are worth the investment by working out the likely output.

When considering solar power there are a lot of factors to consider. It is worth getting some opinions from professionals before making a decision.

Thanks for reading my article. To find out more, and to read the original article head over to Which Solar Panels For Your Home. Or to read more about every aspect of Solar Panels For Your Home head on over to my website.

Solar Panels For Your Home – Are You Ready To Save Money?

There is a lot of buzz about solar panels for your home at the moment. But ask yourself one question: When was the last time you actually saw a house with solar panels on the roof, or in the garden? A month ago, a year ago, NEVER!?

But considering the fact that home solar panels are an extremely eco-friendly tool. why doesn’t everybody have them? After all, they can help to reduce your energy bills by a substantial amount every year.

That’s simple, because they are so EXPENSIVE.

The typical investment required to set up a home solar system is around 8-15 thousand at the moment. But what if there was a cheaper way of doing it?

The Solar Power Home Investment

For those people that do have the financial backing to take the home solar power plunge, it is very important they understand the scale of the investment they are making. It can take 15 years until the solar system pays for itself and another 15 to see the true profit potential.

Let’s investigate the scale of the investment in detail. Even if you don’t like maths it’s worth a read…

Let’s assume the following: Roof-mounted 2.52kw home solar system, cost: 14000 Units of electricity generated per year (850kWh per kW installed): 2142kWh Income (UK Government Feed in Tariff (FiT) pays 41.3p per kWh generated: 885pa Saving (assume 70% power generated (1499kWh) used at home & standard elec. price is 8p per kWh): 120pa Income (assume 30% of power generated (643kWh) is sold back to the grid @ 3p per kWh): 19.00pa Total Annual Benefit (Income + Saving) = 1024

So it would take roughly 14 years to payback or recover your initial investment. And since solar technology has been proven to last for 30 years or more, you should have at least 15 years of pure profit.

Unfortunately we have been brought up in a world where 1 in your pocket now has a higher perceived value than 0.50 in your pocket now, but 5 in your pocket in 5 years time. Not to mention the fact that many of us just aren’t able to raise the kind of capital required with the economy the way it is.

Hardly surprising then how many of us are building our own home solar panels with DIY kits. In fact, thousands of people throughout the UK have already done just that.

DIY Home Solar Panels – An Affordable Solution

That’s right, DIY solar panels for your home! And they only cost around 100 each to build. This allows you to spread the cost of your home solar system over time.

And you’re not limited to building just one solar panel. You will also receive the instructions to join your solar panels together to increase its size.

Each PV panel can be built over the course of a couple of days (a great weekend project) or even quicker once you get the hang of things.

If you are ready to get the financial and environmental benefits of solar electricity, WITHOUT the crippling investment costs then you need a step-by-step instruction manual that has already helped thousands of people build their own solar panels.

Want to save money with Solar Panels For Your Home? Find out how to make PV Solar Panels and generate your own solar power.