Wednesday, September 14, 2011

The Affordable Expense Of Solar Panel Technology

An increasingly attractive energy option for homeowners throughout the country is solar energy, partly because of tax credits that are available for solar installations and purchases. Solar energy systems are also on the rise because they are a simple way for businesses and homes to use a renewable and green source of energy. A solar energy energy system should be multifunctional, adaptive, and able to respond to multiple needs. The majority of solar systems, thankfully, can do this and are quite flexible and expandable. At this point in time, they are even more affordable than in previous years.

You may initially think that owning a solar energy system is out of your budget. Yet, as previously mentioned, there is currently government aid available in Australia to help make using renewable energy more affordable. As of the rebates in 2011, even if you choose to buy a 1.5kW solar system, costing around $10,000 normally, the rebate would allow you to purchase it for only about $4,500. Also taking into consideration the fact that solar energy systems tend to pay for themselves over the years, you will doubtless end up saving more money as time passes.

Another question you should ask yourself is how much you're willing to invest in each portion of your solar energy system. The solar panels, also called photovoltaic panels, are the most expensive aspect of your system. They will make up about 60% of your solar energy system's costs, and also determine how effectively your system will absorb solar energy. You should note that even the lowest priced solar panels can be effective, however, when placed in the optimal position on your property - somewhere there tends to be little to no shade at any time of day. Yet keep in mind that a little additional investment now may also add to your total savings.

In addition to eliminating having to pay a high power bill, solar technology will also help you earn money with "feed in tariffs". Your state may pay you a premium for the clean electricity you generate. You should check your state's particular set up to learn just how much you may earn, as policies vary from 20c to 60c per kWh. This also may be for every bit of electricity you create within your household, or only for that which goes back into the city grid when you don't utilize all the energy your system produces.

Both commercial and residential properties can afford and utilize solar energy systems. Getting the most out of your system should mainly be a matter of making sure your panels are installed in an area where sunlight won't be inhibited by shade throughout the day. Solar energy is still part of a fairly young industry, and so seizing the opportunity to gain its benefits shouldn't be passed up early on. One of the best things about solar energy systems is that they are nearly maintenance free and will last for many years. Solar energy is quick and easy to set up, and numerous professional installation companies are available to help in the process.

If you reside in Australia and you're thinking about investing in solar power, go to this website to obtain three no-cost quotes on how you can get up and running with a solar system for your property's power demands.