Sunday, August 9, 2015

Should You Buy Solar Panel Technology? Three Factors You Need to Weigh in Before Buying Solar Panel

Many of us have this desire to cut back on electricity cost these days, to the point of minimizing our use of electrical appliances at home. Given the kind of lifestyle that most of us have, it has been proven that we are all going to be hard put to reduce our electricity usage. For this reason, many of us are considering to buy solar panels for installing at home to save on the electricity that we get from the power grid.

Is purchasing solar panels something that you have been thinking of doing but are hesitant to do because you are not sure how these panels are operated? Simply put, a solar panel is a device that transforms sunlight into energy for household use. Because the amount of energy these panels get to change into something usable is highly dependent on the intensity of the sunlight they are exposed to, more energy is produced when the sunlight is brighter.


Despite the fact that these panels are excellent producers of renewable energy, many people are turned off by the fact that these devices can be very prohibitive in cost. This makes installing a very large panel at home a very impractical choice. Nonetheless, you do not have to deal with exorbitant monthly energy bills when you source out part of your energy requirements from these panels. After all, these panels can be relied on to provide heat and to cool your home, as well as ventilate your home and power up some of your appliances. A lot of countries across the globe even pay their citizens rewards and incentives for using solar panels in their homes.

Before you go shopping for solar panels, however, there are three factors that you have to give thought to, and these are the energy needs of your household, where you are located, and the possible savings you will generate.

1. Figure out how much electricity you require to power up your home. You should calculate your home's electricity requirements before you buy solar panel technology. In this way, you will have a solid idea of how much electricity you will need those panels to produce. To find out how much electricity you need, you can list down the wattage of your appliances and devices that will be connected to the solar panel. Then you add up these figures and buy a solar panel whose energy production exceeds your total wattage requirement. Doing this ensures that you will have extra energy during cloudy days and winter months.

2. Install your solar panels at optimum locations. The ideal setup for your solar panels is that they are facing the sun directly from 9:00 AM to 3:00 PM. That is because sunlight is most intense during these hours. This will allow your panels to collect as much energy from the sun as they can. In case it is not possible for you to install your panels where they can get the most sunlight, you can remedy this by buying a solar tracker, although it will mean additional costs for you.

3. Check if the installation costs will truly yield savings. Solar panels are, without a doubt, expensive. Also, you can expect to enjoy for some ten to 15 years. If you install solar panels, you need to know if your savings on electricity will be able to help you recoup your investment within the guaranteed life of your panels. You can get this knowledge by asking your supplier how long the panels are guaranteed to last. Afterwards, you should add how much you will pay on electric bills if you stayed on the grid for the length of the panels' guaranteed life and then deduct the resulting figure from the amount you need to invest on the panels. If the projected savings are significant enough for you, then you should go for the panels.

You can save a lot on electricity bills if you use solar panels. However, before you buy solar panel technology, you have to be fully aware that they require considerable investment. You need to figure out of the savings you will generate will outweigh the cost of these panels in the long run. After all, you are buying these panels to save money and not to waste it.



Article Source: http://EzineArticles.com/4755704

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