People worldwide have started to realize the usefulness and advantages of solar energy and its benefits for the environment. Not only are solar panels affordable, but they are long-lasting and quite helpful from a financial perspective too.
The total sum of money you spend initially setting up the entire system might be a bit high, but after it, the money you can save and gain through its lifetime often offsets the original paid amount.
Let’s look at how these solar systems can be advantageous for homeowners.
What is a Grid-Connected Solar System?
Grid-connected or grid-tied solar systems are the most popular and widely used solar product for homeowners. These systems don’t need batteries to operate, and they are connected directly to public electricity grids. Since you’re connected to the grid, it draws electricity from the power company at night or in bad weather.
Solar inverters, which convert the energy collected by the solar panels into a form that can be practically used in appliances, electronics, lights, and every other aspect of a house, are essential for any residential solar system.
What do Solar PV Systems Include?
Some of the main components that a grid-connected solar system requires are:
- Electric Meters: The main power generator needs two electric meters placed between the grid and the electricity inverter to operate correctly.
- PV Modules: PV modules joined through PV connections are required to convert sunlight energy into DC electrical power instantly.
- Breaker Panel: Solar systems contain a breaker panel that looks just like a typical fuse box. It doesnt need additional breakers and consists of a domestic supply and installation of electricity.
How Long do the Solar Panels Last?
Most solar panels have upto a 10-15 year product warranty along with a linear performance guarantee that lasts for 25 years, which tells the consumers by what percentage the module’s efficiency will decrease with time. But the typical industry-given timespan of solar is about 25-30 years.
Advantages of On-Grid Solar Systems
Unlike other solar systems, the grid-connected solar system is not as expensive. Since they don’t use power storage batteries and other heavy equipment required for many solar systems, the grid-connected system is a highly cost-efficient option.
Increases Long-Term Value to Property
If you intend to sell your home in the future, as a homeowner, you would need to make repairs and renovations to increase the value of the house when selling it. Adding modern and advanced technology like the solar system can significantly raise the home’s selling point.
Protects Against Rising Electricity Bills
Electricity bills play a significant role in the budget and expenses required to run a house. Always worrying about the high costs and constantly making efforts to pay them can become tiring. The resources used for production energy like oils, natural gas, and coal are non-renewable; thus, their place in the market is unpredictable. They can drastically change due to the nature of foreign markets.
Uses a Sustainable and Renewable Energy Source
Solar energy is naturally more sustainable and environmentally friendlier than most other energy resources. Solar panels convert the sun’s energy into electricity and utilize one of the greatest, most sustainable, and cleanest energy resources on the Earth, sunlight.