How efficient is your solar energy system?
With the increase in demand and cost of energy, Solar energy is the best alternative to other sources of energy. It is the most sustainable source of energy. Solar energy is renewable, environment-friendly and cost-efficient.
Solar energy can be used for various purposes like power generation and water heating. Installing solar energy panels in your home has several advantages for you and the environment.
Saving on electricity bill: By using solar energy you can save a great part of your electricity bill. Apart from purchasing and installing solar panels, solar energy is free of cost. The more you depend on solar energy, the less will your electricity bill.
Generate passive income: The public bodies in some states give incentives to people using solar power in their homes, to encourage usage of solar energy. By using solar energy, you can qualify for such incentives.
Higher home property’s value: By installing solar energy panels in your home, you not only save on your electricity bill but, the retail value of your property also increases. It helps you fetch a higher price at the time of selling your home.
Improves Environment: Solar energy not only benefits you, but it also benefits the environment in many ways. Solar energy reduces carbon dioxide emission, global warming and pollution. It reduces the use of fossil fuels and are constant source of energy.
However, solar energy technology is not fully developed yet. Steps are being taken to improve solar energy cells to make it more efficient and economical by lowering their manufacturing cost.
The prospects for improving solar efficiency are promising. According to a news source, the researchers at RTI International have developed a solar cell using low cost materials and processing techniques which reduced the primary cost of producing photovoltaics.
These cells are more efficient than traditional cells. They can be produced using high volume roll-to-roll processing and inexpensive coating processes, resulting in a reduction of capital cost and increase in production.
