Solar panels can be used to generate electricity, this process can take place on either a domestic or industrial scale. A domestic solar power system can help you when powering your home while on an industrial scale, we can use solar panels to provide electricity for the masses. In this case, engineers install a large solar array which forms a solar power station. There are several reasons why homeowners go solar, but the two most common reasons are financial savings and helping the environment and whether your motivation to go solar is economic, environmental or both, here’s a list of benefits to consider when considering solar.
Benefits
- Avoid rising energy costs. Every year, electricity prices continue to increase throughout the country. By investing in a solar energy system now, you can lock in the price you pay for electricity today in order to protect against future increases in electricity costs.
- Earn a great return on your investment. At the end of the day, solar is one of the best investments you can make. The average American solar purchaser sees a return on their investment (ROI) of 20 per cent or more, with most solar panel systems paying for themselves multiple times over the course of their decades-long lifetime. Try getting that ROI from stocks!
- Electricity production. We can use solar panels to generate electricity. This process can take place on either a domestic or industrial scale. A domestic solar power system can help you when powering your home. On an industrial scale, we can use solar panels to provide electricity for the masses. In this case, engineers install a large solar array which forms a solar power station.
- Portal power supply. Similar to a remote power supply, solar panels can be used as a portable power solution. This tends to be more beneficial for recreational activities. Should you wish to charge your phone whilst camping or visiting the beach, then a portable solar phone charger is an ideal solution.
- Battery charging. Another key use of solar panels is to charge batteries. Engineers can fit home solar electric systems with a battery backup system. Solar panels can then charge the battery during the day to provide a source of electricity at night. This is an important process as solar cells are unable to generate electricity at night when it’s dark. This same principle applies to solar garden lighting. During the day, solar lighting appliances can charge internal batteries. As a result, when the sun goes down, they will have enough electricity to power a light bulb in the dark.