Is Solar Panel The Future?

By Author: Ronny Kumar
Total Articles: 2
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However, if solar panels are compared to the other conventional way of producing electricity, they have a prominent advantage over the former and, for many of our daily requirements, can give a long time energy solution. According to research, the rooftop solar panel lowers electricity costs and reduces greenhouse gas emissions. This is just the beginning of one's savings; let us look at the probability when solar panels and other ancillary items are implemented on a wide scale on a daily basis:
 
The deciding factors and the significant features of solar panels over conventional electricity
 
Costing:
solar panels do cost a bit initially, but compared to the gross cost of electricity that a person will be paying over the years, it makes the solar panels worth every penny. Solar Panels not only reduces the cost but also gives an individual clean, emission-free energy right in their own backyard. Maintenance is very low and does not need much to ...
... do; however, the initial installation can be counted as a long term investment to obtain the maximum out of a solar panel.
 
Life:
Approximately a solar panel lasts up to 25 years; however, it still functions the same. But in 25 years, with all the improvements coming in the market, there is a considerable possibility of better solar panels; hence it is advisable to opt for solar panels.
 
Value addition:
One can save almost 70%, or more on their monthly electric bills, by setting in an efficient solar panel. After 3-8 years, the invested expense on a solar panel system usually leads to the break-even point depending upon its intended energy installation and usage. In the commercial arena, due to the wear & tear of parts and reduction in efficiency of solar panels, a solar power system's value depreciates over time. The expedited benefit due to depreciation provides the industrial and commercial users of solar energy to minimize the maintenance cost of their assets, as much as by 40% (Final Year 16-17 onwards in India), built as Solar Power Plant at a much greater rate than general capital assets. In a given year, this allows the user to claim tax benefit on the value decreased.
 
Outreach:
 There are places where electricity is scarce or even nil in India, even now in the present time. To power the homes in such areas, people can switch to modern means of cooking eliminating coal and firewood emissions, can utilize solar panels. Solar Panels are affordable and can be applied to produce a good amount of electricity in rural areas.
 
 
Investment:
Compared to the capital required for a hydroelectric power station, thermal power plant or nuclear power plant for electricity generation, solar panels require very little capital and are much easier to produce. Apart from this, solar energy is naturally and freely available. This does not produce any exploitation of nature or harmful emissions compared to other conventional means of power generation in the world.
 
The overall impact of solar energy:
When there is a rise in the use of solar energy, the overall load on the current consumption of energy does not tremendously goes down. This often delivers the workload enabling even distribution of the gross consumption of energy and eventual transition to a much higher sustainable energy in the future. For balancing our ecosystem, this is a great move and a permanent solution.
 
Safety:
Compared to electricity produced in a hydroelectric or thermal power station, solar energy does not require transformers and transmission lines to step up or step down the voltages. This not only lessens the cost of installation but also delivers as a safe product to be installed right at home for use even with little know-how so that it can be operated by young amateur people.
 
Overall, the energy derived through solar panels is one of the most dependable and reliable means of energy. Capitalizing on the benefits can be excellent energy and an opportunity to save money for small homes and more giant industries. 
 
India is viewed as an energy deficient country, and it's high time that we, Indian, should work on clean energy. With a vision of converting all urban rooftops with solar energy power plants, Banga Solar being an official distributor and known for making its name among the top 10 solar companies in India for providing affordable Longi solar panel price in India, provides a rich experience in solar, technology, consulting and finance. This has helped Longi India become a market leader of Longi solar distributor in India in a very brief time. Banga Solar ensures to deliver any of their product or model to all parts of India. Order Now! or visit our official website of Banga Solar or email us- sales@bangasolar.com or contact us at 1800 890 3051.