Solar energy facts and figures
Solar energy is fast becoming one of the promising forms of alternative energy. One of the main reasons is the amount of sunlight that hits the earth in a 24 hour period. It is said that its enough to provide over 10,000 times the amount of electricity currently produced worldwide.
Is Solar Energy Systems Financially Viable?
In most cases. For instance if solar energy systems were installed on your business or home the annual utilities would be significantly less. But it isn't always an immediate benefit. Solar panel systems take approximately 15 years to recoup their cost, while a solar thermal system only takes around 5 years. After which you get to have free electricity for decades.
Does Solar Energy Reduce Cost Of Energy Consumption?
Studies have shown that using certain solar energy systems do reduce the total cost of energy consumption that your home or work place might incur. If done right, you can actually lower your annual utility bill by as much as 80%, which is very significant, especially if you are trying to find ways to save some money.
More and more states are developing programs where energy can be given back to the grid by homes or businesses who produce more than they can use, and they receive money from the power companies for this. This is monitored by what are known as 'smart meters' placed on your home for free by the electric company.
Are solar energy generating systems more prevalent in areas that are more sunny?
Not necessarily. Take Holland and Denmark for example. The combined size of both countries are less than the area of Great Britain. But each of these countries have more solar energy systems in place each than Great Britain does as a whole. This shows the climate doesn't have to be 'sunny' to make effective use of solar energy.
Do solar energy plants need a lot of area?
Most, if not all, solar power plants require a certain stretch of land area in order to house all the solar panels that these power plants need to have in order to properly harness and collect sunlight and solar energy. Depending on the size of the power plant and the solar energy output needed, each solar power plant land area would vary, from 250,000 square meters of solar panels in the United Kingdom, to the 93 million square meters of solar panel in China.
Solar energy is fast becoming one of the promising forms of alternative energy. One of the main reasons is the amount of sunlight that hits the earth in a 24 hour period. It is said that its enough to provide over 10,000 times the amount of electricity currently produced worldwide.
Is Solar Energy Systems Financially Viable?
In most cases. For instance if solar energy systems were installed on your business or home the annual utilities would be significantly less. But it isn't always an immediate benefit. Solar panel systems take approximately 15 years to recoup their cost, while a solar thermal system only takes around 5 years. After which you get to have free electricity for decades.
Does Solar Energy Reduce Cost Of Energy Consumption?
Studies have shown that using certain solar energy systems do reduce the total cost of energy consumption that your home or work place might incur. If done right, you can actually lower your annual utility bill by as much as 80%, which is very significant, especially if you are trying to find ways to save some money.
More and more states are developing programs where energy can be given back to the grid by homes or businesses who produce more than they can use, and they receive money from the power companies for this. This is monitored by what are known as 'smart meters' placed on your home for free by the electric company.
Are solar energy generating systems more prevalent in areas that are more sunny?
Not necessarily. Take Holland and Denmark for example. The combined size of both countries are less than the area of Great Britain. But each of these countries have more solar energy systems in place each than Great Britain does as a whole. This shows the climate doesn't have to be 'sunny' to make effective use of solar energy.
Do solar energy plants need a lot of area?
Most, if not all, solar power plants require a certain stretch of land area in order to house all the solar panels that these power plants need to have in order to properly harness and collect sunlight and solar energy. Depending on the size of the power plant and the solar energy output needed, each solar power plant land area would vary, from 250,000 square meters of solar panels in the United Kingdom, to the 93 million square meters of solar panel in China.
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