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Solar panels are a great source of energy with numerous benefits that comes with it. However, the main thing that puts off most homeowners or potential buyers is the fact that the equipment are usually very expensive. So if you’re planning to purchase solar panels to be installed in your home, then you’d probably want to know if it’s actually worth the investment or otherwise. In this article, we aim to give you a good insight into how solar panels works and if its a viable investment.

Generally, the length of time it will take for your solar panels to payback and whether you’ll be able to make money from them will be based on the following factors:

✓ The solar panel PV system’s cost.

✓ The amount of the generated electricity that you’re able to use.

✓ Whether as well as the amount you’re paid to the electricity you’re able to generate and export.

To know whether your solar panels are truly worth it, then a higher initial cost to fit the system will require to be settled with the amount you’re able to save through the use of the renewable electricity it produces, rather than making purchases from your electricity company. In other words, the more renewable energy you’re able to use, the more savings you make. If you’re registered for the FIT and paid per kWh of electricity produced, for 50 percent of that, which is assumed to be exported to the grid. Therefore, if you’re able to use more than 50 percent, you’ll be able to benefit from the investment.

Are you thinking of installing solar thermal systems in your home or property and wondering exactly how it works to generate electricity? Regardless of your motive, in this article you’ll learn in simple details how solar thermal is how solar thermal doesn't provide electricity for your home.

If you are looking to generate electricity for your home then Solar PV are able to generate electricity simply by absorbing and focusing sunlight in such a way to create a temperature level that’s high enough to generate the much needed electricity. There are two main components that comes with the solar energy collectors of each. These two components include, the reflectors ( mirrors), which works to absorb and concentrate the sunlight onto a receiver. In several types of the solar thermal power systems, a heat transfer fluid is then heated and distributed in the receiver so as to generate steam. Once the steam as been produced, it’s then transported to the turbine where it’s turned into a mechanical energy, which in turn powers the generator to produce electricity.

Solar thermal power or electric systems are usually embedded with a tracking system which keeps the sunlight concentrated on the receiver all day long as the sun changes position in the sky. They also come with a wide array of collectors which works of distribute the heat absorbed to a turbine as well as the generator. A lot of solar thermal power facilities will gave two or more plants with different arrays and generators.

Solar thermal power systems can also have a thermal energy storage system component whose work is to permit the solar collector system to heat an energy storage system during the day while energy storage system’s generated heat is incorporated in the production of electricity at night or during a cloudy weather when there’s not much sunlight.

Are you currently considering installing a ground source heat pump in your home? Well, a heat pump can be a great alternative when compared to gas or oil boiler, however, you may also be worried about the operating efficiency of this heating system if you live in a cold climate or during the winter months. However, in reality, there’s nothing to be worried about!

A ground source heat pump works by incorporating the natural heat that’s typically found in the ground or groundwater. In other words, this type of heat pump doesn’t make use of fossil fuels to heat your home while it can also minimize carbon emissions that may pose a huge risk to the environment. This makes a popular option especially amongst home and property owners who are very environment conscious and prefers to utilize more renewable sources of energy.

However in a place such as the UK where the temperature can drop to around -10℃ during the winter months, it may get you thinking whether there’ll be enough heat in the ground to warm up your home. Let’s have a look.

In the UK, the temperature of the ground doesn’t normally fall less than 10℃. This is still enough heat for the ground source heat pump to warm up your home. In other words, as long as you purchase the right one, your ground source heat pump will continue to work just fine during the cold months. Due to the fact that every heat pump varies, you will need the right equipments so as to ensure the heat pump works well throughout the winter. This is usually not an issue in the UK, but same can not be said of colder places like Canada and North America.

There are a few factors that will determine whether it’s worth getting a solar battery. They involve how much electricity you use, how often you’re at home and whether you receive any export payments.

To work out whether it’s worth getting a solar battery, you need to work out how much of the electricity you generate you’re using already. If you’re able to run all your appliances during the day while your solar panels generate electricity, then it sounds like you’re already using your electricity well. It might not be worth you getting a solar battery in this case.

However, if you’re not at home for a lot of the day, then you’ll be missing out on the electricity your panels are generating while the sun’s shining. If you install a solar battery system, you can store the electricity that your panels generate in the battery and use it when you get home. This will help you cut your electricity bills even further.

You’ll also need to consider whether you’re getting paid to export your electricity. If you’re on the Feed-in Tariff scheme (FITs) or receive payments from the Smart Export Guarantee (SEG), you’ll get paid for every unit of electricity you export to the National Grid. Before you decide whether it’s worth getting a solar battery, you’ll need to weigh up whether you’d be better off carrying on exporting your unused electricity rather than storing it to use yourself. If you’re unsure, visit the Energy Saving Trust’s website or speak to an MCS-registered installer who will be able to help you work out which is more cost-effective.

Obviously the performance of a solar thermal system will vary depending on the location of the home, the insulation of the property, and your own hot water requirements. Solar thermal panels are capable of providing all of your hot water requirements from April to September. They will still make a contribution to your hot water needs for the rest of the year, but in general you will need a backup system to further heat the water in the colder months.

Whether installing an air source heat pump will help you save money depends on your property, how long you expect to live there, and the type of heat pump you get.

Air source heat pumps are initially quite expensive to install. However, if you get an air-to-water air source heat pump, you’re eligible for money from the Renewable Heat Incentive [https://www.energysavingtrust.org.uk/scotland/grants-loans/renewables/renewable-heat-incentive] (RHI). This is a UK government scheme that gives you quarterly cash payments over seven years if you install an eligible renewable heating technology (air-to-air air source heat pumps aren’t included).

All this means that if you have long-term plans to stay in your property, then an air-to-water air source heat pump can be a great way to save money on your heating bills. However, if you’re planning on moving out of your property relatively soon, or are a considering an air-to-air air source heat pump, it may not be the best financial option for you.

It’s important to remember that air source heat pumps are at their most efficient when installed in very well insulated properties. If your property’s not very energy efficient, you may find that a heat pump won’t help you save money.

Solar panels provide an alternative to paying expensive National Grid energy rates, so primarily their first major benefit is helping to reduce bills. Solar PV panels will produce free electricity, whilst solar thermal panels generate heat for hot water and space heating. There are also payment incentives known as the Feed-in Tariff scheme (FITs) (for solar PV) and the Renewable Heat Incentive (for solar thermal) which guarantee a tax-free income for 20 years.

Solar cells , also referred to as photovoltaic cells (PV), absorbs energy from the sun and converts it to generate electricity. This, however, should not be confused with photovoltaic thermal cells or PVT which operates to generate heat for water in homes. Solar cells are linked electrically and also carefully organized into a large frame which is popularly called solar panels. Generally, solar cells are produced or made of silicon semi conductors which works to absorb sunlight and then turn it into electricity for use at a home. A solar panel comprises of either 60 or 72 solar cells which are electrically interconnected in series and parallel and also positioned in between glass and plastic which is then framed.

At present, solar panels incorporated for residential or domestic purposes only possesses the capacity to make use of only about 20 percent of the sunlight they’re able to absorb and convert it to electricity - also called solar efficiency. Available in the market are also a wide range of solar cell available for both industrial and commercial purposes. This type of solar panels have an efficiency rating of about 40 percent which will also automatically make them more costly than the domestic types.

One great thing about the solar industry is the fact that it keeps improving in such a way that raises both its efficiency as well as overall quality. And with further research and development, this is expected to even increase as the years go by. What’s more? As these aspects keep rising, it’s also expected that the solar panels price should be on a decrease. That way, they’ll become available to a wider range of individuals who’ll also like to save money on electricity bills and go greener.