Posted by admin on April 4, 2010 in solar panel with 6 Comments
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I аm wondering іf thе υѕе οf solar panel аѕ energy generators саn overtake οr become more handy thаn ουr conventional power supply whісh іѕ reliant οn crude oil. Wіth recent rises іn crude oil οr follow οn increase іn both gas & electricity bill, I thіnk thе bіg economies ѕhουld bе thinking οf аn alternative solution οr еlѕе thе oil producing nations аnd/οr thе oil cartels wіll undermine thе developed world – thе west. Remember, іn аnу recession natural resources speaks.
Using a solar panel tο provide domestic power requirements hаѕ bееn likened tο filling a lake wіth аn egg cup. Sadly, one decent size (аnd very expensive) solar panel wіll οnlу provide enough power tο light one standard light bulb
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Solar panels are too stupidly expensive at the moment. Thousands of £/$/€ to cover the roof of an average 3-bed home. There is news of a cheaper panel but not any time soon.
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Using a solar panel to provide domestic power requirements has been likened to filling a lake with an egg cup. Sadly, one decent size (and very expensive) solar panel will only provide enough power to light one standard light bulb
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Minimal, they require direct sunlight so must be moved or only useful for a lightbulb for two hours. Oil is used and has been favoured because it is the most efficient energy source. Oil is a natural resource, not a fossil fuel.
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Solar can’t replace all electricity generation any time soon, because there’s the problem of what to do at night. There isn’t a good way to store the energy.
But that said, I think it’s very close to being practical for individual residences. We put in solar panels 2 years ago. It was not cheap – $12,000 – but it generates roughtly 100% of the kWh’s that we use each year. At that rate, it would take 20 years to break even. But the fact that it can break even at all is encouraging. And the price, while high, is not more than many people pay for a car. As a nation, could the USA come up with that kind of money? Well, if we took all the money we’re going to spend in Iraq, it would easily put a photovoltaic system on every family’s roof in America, for free. Not going to happen, but it gives a feeling for the magnitude of the number.
One financial analyst [Cowen] predicts average selling prices of panels will drop 10-15% next year. Production is really ramping up.
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Alternate Energy is becoming a buzz word now that the fuel cost have gone through the ceiling with no relief in site,
Supply and demand will bring the costs of panels down as time goes on. It’s always positive to keep your own energy usage down and with the addition of solar panels or wind generators at your home or business will decrease your reliance to the grid. The pay back equation is important but is somewhat over rated when the future of energy costs are so uncertain.
Jerry L
http://www.agreenearthonline.com
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