Why Is Solar Technology Flourishing Day By Day?
Solar technology absorbs the sun’s radiation and turns it into energy. In this article, it is discussed how solar energy can be benefitted you.
When the sun shines on the solar panel, the photovoltaic (PV) cells absorb the sunlight, creating an electric current. Solar plants are installed on the roofs of residential or commercial buildings.
Advantages of Solar system
The solar system usually gives lots of benefits. Here are the advantages of installing the solar system.
Cost savings: The solar cost is cheaper than the regular electric supply. Besides this, you can get government subsidies after installing the solar system, which brings the cost down.
Low maintenance charges: Most solar systems have a life expectancy of up to 25 years. It also needs essential maintenance, including regular cleaning and repairs.
Besides the rooftop, no additional space is needed to install the system. A vacant rooftop is ideal for the solar system.
Reduction in carbon footprint: Solar is always clean as well as a renewable source of energy that reduces the emission of greenhouse gases.
How much does it cost?
The cost of installing the residential solar system varies with the quality and price of the modules and inverters used. The installation of a 1 kW rooftop solar cost usually comes between Rs 45,000 to Rs 85,000. Then you need to use the extra battery, which costs extra.
By maintaining this account, the cost for a 5 kW residential solar system would fall under Rs 2, 25,000 to Rs 3, 25,000. It is considered that Rooftop solar systems are a pocket-friendly option as you can use them for the long term.
If you meet your energy needs with electricity generated from the solar system, your utility bills will inevitably go down significantly. How much you want to save on bills depends on how big a solar system you use. For example, use commercial solar panels in your business. You can get huge benefits because the large amount of energy generated from the solar system can cover large portions of your utility bills.