Solar energy is easily one of the biggest developments anywhere in the home and office electricity market to date. With thousands of homes across the country already using it, and no signs of the trend slowing down, it’s not hard to imagine a future where everyone uses this technology.
But let’s take a closer look at exactly how it actually works, shall we?
Also known as solar modules, the solar panels in your home absorb photons to convert into usable electricity. This is a process known as the photovoltaic effect. The variety of solar panels available provide solar electricity to homes through solar inverters for effective electricity delivery.
A solar inverter is a small box that converts direct current (DC) electricity into usable alternating current (AC) electricity, and from the energy, your solar panels are already providing. Also connected to the grid, these solar inverters send the unused solar electricity out for other homes to make use of.
A solar meter keeps track of the amount of electricity your solar system produces, overall, which helps to make sure you’re producing efficiently. With a solar meter installed, you can see exactly how much electricity your panels are producing and how much you’re using.
During the day, your panels can generate more electricity than you actually end up using. You can easily see this if and when your solar meter runs backwards. Net metering programs allow homeowners to receive credits for their power generation, directly from their utility companies. The electricity you draw from the power grid will automatically use those accrued credits to reduce the month-end bill.
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The American electricity network is an interconnected network of electric power lines that provides energy to cities and homes. Solar energy systems connect out to these networks, meaning you can actually still get energy at night when there is no sunlight to draw from. In addition to this, it allows you to take full advantage of local and federal tax incentives, as well.
Utility companies generally provide local areas with all of the energy they need to get through, day-by-day. When it comes to solar energy, however, some utility companies actually compensate solar homeowners for providing them with the excess power they generate.
Combat Increasing Electricity Costs
So, it’s not like the cost of electricity is ever really on a steady decline, and with more to expect in the near future, it’s more important than ever to own your means of energy production. This is the heart of what makes solar panels a solid investment because you can avoid exorbitant energy bill costs, starting pretty much immediately.
As solar tech continues to develop, we are harnessing the second-most abundant element, generating energy for use in our homes and businesses. Utilize this energy, and you’re significantly your CO2 emissions, lowering your carbon footprint, and contributing to a healthier overall environment.
As far as energy production goes, solar systems are a reliable source to draw from. By making use of this technology, you’re making an investment in your ongoing energy reliability, even when local or national power grids go down.
Along with the numerous benefits solar energy has to offer, there’s also the opportunity to take advantage of various tax credits, rebates, and incentives.
Research shows that your home value increases, for every kilowatt of energy installed, in the region of $5,000. This translates into nearly $30,000 of potential value when going solar.
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