Monday, January 9, 2012

Resolve to Go Green with Solar Panels

As the New Year begins, consider making a New Year’s resolution that’s good for the planet as well as your wallet. Installing solar panels on your home will provide you with a clean, green source of electricity while saving you money – and even generating income for you year after year. If you want to do something really wonderful this year, consider these benefits of investing in a solar PV system this year.

Save Up to 50 Percent on Your Energy Bills

Based on typical use, the average family in the UK can generate up to 50 percent of its usual electricity use with solar panels. The exact amount of electricity your solar system generates will depend upon its size and where it is located, as well as on how much electricity you actually use. If you’re typically at home and using electricity during the day, you’ll save more money than if you work all day and use most of your electricity at night when your solar panels aren’t generating electricity.

Reduce Your Carbon Footprint

The Department of Energy and Climate Change estimates that solar panels are among the least “expensive” of energy sources when it comes to carbon expenditure. Even when you consider the energy and resources used to produce solar panels and the energy used to transport them from manufacturer to installation, you’ll still be putting significantly less carbon units into the atmosphere when you choose a solar PV system.

Increase Your Self Sufficiency

Solar panels generate electricity completely independent of any other energy source. Once your solar electricity system is installed, you don’t need to feed it anything to keep getting power from it. Electricity generated by your solar panels will be there if there’s an outage on the electrical grid or if wires go down and leave you without other sources of electricity – and you won’t need gasoline or any fuel source to power up a generator.

Generate Income with FITs

If you choose a grid-tied solar PV system, there’s an excellent chance that you’ll qualify to register for the government’s Feed-in Tariff scheme, which pays you for every kWh of electricity that your solar panels generate. The price you’ll receive per kWh is determined by the government and is based on the size of your solar power system and its use. While the government may change the tariff amount going forward, once you’re registered as a participant in the FITs, you will continue to receive the amount set when you registered for 25 years. In other words, if the government is paying 43p per kWh when you register, you’ll receive 43p per kWh for every kWh your solar panels generate for the next 25 years even if the government decides to pay 23p to new registrants going forward.

Interested in learning more about solar panels and their benefits for you and the planet? Dial up a local solar installation company and schedule a consultation to find out whether your home is a suitable candidate for solar panels.

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