Lets write about Solar energy, making the world a better place. Government and state rebates have become available both on utility-scale and for the majority of homeowners. This means that the effective costs of solar panels are much less than what they used to be. In some cases, the price of a residential photovoltaic system can be cut more than 50%. As of 12/31/2008, the U.S. government offers a 30% tax credit with no upper limit. Chances are your home is also eligible for other grants and rebates.
Certain solar cells require materials that are expensive and rare in nature. This is especially true for thin-film solar cells that are based on either cadmium telluride (CdTe) or copper indium gallium selenide (CIGS). Power density, or watt per square meter (W/m²), is essential when looking at how much power can be derived from a certain area of real estate of an energy source. Low power density indicates that too much real estate is required to provide the power we demand at reasonably prices.
In December 2015 the US Senate passed an extension to the 30% Renewable Tax Credit, extending this tax credit for a further 8 years. In addition to this federal tax credit, there are also rebates available in some jurisdictions at either the state, county or utility company level. If you use the solar panel calculator here you can see what rebates, tax credits and other incentives your house is entitled to based on its location, the utility company you are with and the number of solar panels you need to power your home.
Solar panels (also known as photovoltaic panels) are installed on your home. The solar panels convert light (photons) into electricity (voltage). Each panel is connected to a microinverter that changes the electric current from DC (direct current) to AC (alternating current). Each microinverter operates independently of the others so that if one stops working your system is still generating maximum power. The energy generated by the microinverters is then sent through your electrical panel to power your home. Any excess power is sent to the utility company. When the sun is not shining your home is being powered by the utility company.
The typical solar panel installation takes one to three days. Obviously, larger systems will take a little longer. After the solar panels are installed the utility company will come out to change out the electric meter. Depending upon the utility company, it can take one to three months for the utility company to do their part and turn on the solar energy system.
The typical time need to see a return on investment is going to depend on your specific installation. The direction your roof faces in relation to the amount of sun it receives, the number of solar panels you need and whether you install an off-grid or grid-tied system will determine how much money you save each month and how long it takes for you to recoup your investment. A typical solar panel installation takes anywhere from 3 to 7 years to see a return.
SunKey Energy has quickly become a recognized leader in the solar energy industry by raising the bar when it comes to exceeding customer satisfaction. We provide solar photovoltaic (PV) systems from major manufacturers. As a distributor you benefit from the best prices in the industry. SunKey Energy is a leading provider and installer of residential solar panels serving communities throughout the State of Colorado and surrounding states. Read more details at Solar contractors Colorado. Give SunKey Energy a call at 303-512-3100 to lower your energy costs with renewable solar energy.
Hoping to reduce their greenhouse emissions, Kelley Hippler and her husband, Tom, installed solar panels on the roof of their Colonial-style home in suburban Sharon in summer 2015. “We had, like a lot of folks, become more aware of global warming and we wanted to look into forms of sustainable energy,” Kelley says.
The couple took advantage of a federal tax credit that lowered the cost of installing their system from $45,000 to $31,500. A state tax credit saved them another $1,000. The solar panels, also known as photovoltaics (PV) systems, have cut the electric bill for their 3,500-square-foot home from an average of $200 a month to basically zero, says Kelley. With the exception of the coldest winter months, they also send enough power back to their electric company most months to earn a small credit on top of the $200 savings. The couple has two meters, one showing how much electricity they draw from their utility company and one showing how much electricity they send back to it. Between September 2015 and April 2016, Kelley says, they earned $100 in credits.