The solar consumption does not reach consumers despite being more profitable to pay utilities. Generating solar electricity is more profitable to pay utilities; the price of solar panels has dropped 80% in the last five years while the electric bills go up more and more. However, the consumption of this renewable energy is not widespread in homes. This article explains that installing solar panels is already more profitable, so why not opt for it if it is so economical to install solar panels for home consumption.
Install Solar Panels – More Profitable Than Conventional Pay The Bill
“Right now it is more profitable to install photovoltaic panels that direct purchase of electricity in the network provided that they are placed in the optimum position." said Aitor Urresti industrial engineer specializing in renewable energy and professor at the University of the Basque Country (UPV/EHU).
Grid parity, the point at which the costs of generating electricity and buy it from the network are equal. It was a reality for photovoltaic in 2012, so stated the study ‘PV Grid Parity Monitor’ of the consulting Eclareon which analyzed grid parity in several countries of the world.
The average cost of a family in electricity is 671,39 per year, according to the Institute for Diversification and Saving of Energy (IDEA). A house with a good solar yield would cover the costs of installing a photovoltaic system in about five years. From there, the electricity would practically free to the end of its useful life
There is a lot of data available behind this development. On the one hand, gas and electricity are in a steady escalation in prices. On the other hand, photovoltaic technology has made a dramatic improvement over the past four or five years with a cost reduction of 75-80 %. Electrical technology has evolved faster and improved their costs in history
Why Not Take Off the Sun If Consumption as Economic
The solar panel system is the alternate to the electricity and we must take the advantage of such a great and natural source of energy.
Install Solar Panels – More Profitable Than Conventional Pay The Bill
“Right now it is more profitable to install photovoltaic panels that direct purchase of electricity in the network provided that they are placed in the optimum position." said Aitor Urresti industrial engineer specializing in renewable energy and professor at the University of the Basque Country (UPV/EHU).
Grid parity, the point at which the costs of generating electricity and buy it from the network are equal. It was a reality for photovoltaic in 2012, so stated the study ‘PV Grid Parity Monitor’ of the consulting Eclareon which analyzed grid parity in several countries of the world.
The average cost of a family in electricity is 671,39 per year, according to the Institute for Diversification and Saving of Energy (IDEA). A house with a good solar yield would cover the costs of installing a photovoltaic system in about five years. From there, the electricity would practically free to the end of its useful life
There is a lot of data available behind this development. On the one hand, gas and electricity are in a steady escalation in prices. On the other hand, photovoltaic technology has made a dramatic improvement over the past four or five years with a cost reduction of 75-80 %. Electrical technology has evolved faster and improved their costs in history
Why Not Take Off the Sun If Consumption as Economic
The solar panel system is the alternate to the electricity and we must take the advantage of such a great and natural source of energy.
Great blog,thank you for sharing information
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