How To Use Solar Power To Save Money in Your Home

Introduction

What is Solar Power?

Home Solar Power is an excellent option to save money on your regular electricity bill although the initial start up cost may seem to be prohibitive. You can generate this form of power at home in a most convenient and economic way through photovoltaic or photoelectric cells by turning the rays of the sun into electricity. You can make it on your own at home easily with the readily available parts and components. Solar cells are charged through solar panels. Solar power technology utilizes the heat energy of the sun in a variety of ways by converting it into another form of energy, that is, converted into electricity either indirectly by the use of CSP (Concentrated Solar Power) or directly by the use of PV or Photovoltaics.

Step 1

The Economic Advantages of using Solar Power at Home

• Home Solar Power is an inexhaustible and completely free of source of energy.
• Home Solar Power can be utilized for varieties of purposes, like installing hot water plant, solar heaters, pocket calculators, cars, battery chargers, air conditioners, lamps, etc.
• After the initial investment of installation, all the electricity you generate through Home Solar Power is totally free.
• There are many financing vehicles, lease, installment options and government rebates to lighten your one- time initial outlay.
• It may turn to be a good source of income—you can earn revenues by selling your excess generation through net metering to your neighbors or getting credit from the utility company.
• Home Solar Power completely eliminates or reduces your regular electricity bills.
• New discoveries and competitions among the manufacturers are making the Home Solar Power products cheaper and better every day.

Step 2

• You can save excess energy by storing them in rechargeable batteries.
• The components used in solar power plants have longer warranty periods. The parts are fixed and last longer than all other forms of energy source.
• You can save a major part of initial installation charges through do- it- yourself kit options.
• It involves no maintenance cost.
 

Step 3

• If you are concerned about the unpredictable, ever-increasing electricity bills or worried about the unanticipated black outs or power cuts, this is perhaps the best available economic option among other alternatives.
• If you buy under a group purchase plan, you can save lot on a solar panel kit as you buy in a bulk.
• Many governments offer monetary incentive and generous rebates to people using this form of pollution free renewable energy.

Step 4

The Other Advantages of Using Solar Power at Home

• It is completely free from all pollution.
• In distant and remote places, Home Solar Power is the only realistic solution for energy.
• You are totally independent on power issue.
• They are silent, non- polluting and quite form of energy.
• Solar power is found everywhere the sun shines.

Step 5

This form of energy is very powerful and available in abundance- if a small percentage of what the earth receives everyday can be tapped, it will surpass the daily consumption of the world by 8,500 times. Home solar power is beneficial and appealing in many ways.

Tips

Solar cells are mostly made from silicon and the production efficiency of the cell depends mainly on the property of silicon. The current cost of generating one KW of electricity considering all elements of cost including the initial investment comes around 18 to 30 US Cents which is roughly five times higher than the grid price. The experts must find ways to improve cost reducing efficiency to make solar power more acceptable.

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