Why we need a solar system and what we need to set it up?

Why we need a solar system and what we need to set it up?

Recently, a growing number of people have started to utilize solar power in their homes, because solar energy is a renewable, eco-friendly alternative to traditional electrical systems. The value of solar energy around the world will  increase to over $2230 billion by 2026. Not only does this help in cutting down on electricity costs, but it can also make homes safer.

Solar energy is not only considered as an alternative power source, but is thought of as a greener, more efficient and cost-effective solution to power homes, offices & commercial buildings. While the automobile industry has taken a pathway to replace petrol and diesel powered vehicles by electric vehicles and companies have already introduced solar panels to charge the car batteries on-the-go, it is about time for energy companies to bring the same revolution in residential and commercial buildings. If you’re planning to add a solar power system in your home, then you’re in the right place.

Fundamentals of a PV System

Before proceeding in purchasing your materials, it’s important to understand what a PV system is and what it’s composed of first. The solar power system is responsible for converting the harnessed solar energy from the sun into electricity that can be utilized by your appliances.

The following are the components of a PV system:

· Cell: The basic building block of your PV system

· Module: When two or more cells are connected, this has a power output of 10–300 watts

· Inverter: Connected to your modules, converts system’s DC to AC

· Batteries (optional): In case of power interruptions, batteries can provide backup power to the system

Assessing Your Property for a PV System Installation

Is your home fit for a solar panel installation? Check out these criteria below:

· The location of your home gets an acceptable amount of sunlight all year round.

· There’s enough space in your home to install the PV system, which can be on your roof or yard. Starter systems usually range from 50 square feet, while households and commercial properties with larger energy consumption can reach as much as 1,000 square feet.

· Your desired installation area must have a clear view of the sun in different times of the day, without any obstructions such as buildings, trees, chimneys, and the like.

· Your roof should be in a good condition. If you’re considering having an eco-friendly roof replacement soon, it would be a better idea to replace it along with the PV system installation.

How Much Will You Save?

To determine your PV system’s worth of energy generation, it will depend on your current electricity cost and how much your electricity provider will pay you for any excess power generated by your system. Since these values vary greatly depending on your geographic location, quality of components and installation, and more, it’s best to discuss it with your PV and electricity provider.