Solar energy is one of the cleanest and abundant renewable energy sources available. For over 50 years, solar energy has been powering homes, businesses, spaceships, and satellites. Electricity generated by photovoltaics (solar panels) is expected to be the world’s largest source of electricity by 2050. Solar energy also saves you money, while helps to save the world.
1. Renewable Energy Source
Among all the benefits of solar panels, the most important thing is that solar energy is a truly renewable energy source. It can be harnessed in all areas of the world and is available every day. We cannot run out of solar energy, unlike some of the other sources of energy. Solar energy will be accessible as long as we have the sun.
2. Reduces Electricity Bills
Since you will be meeting some of your energy needs with the electricity your solar system has generated, your energy bills will drop. How much you save on your bill will be dependent on the size of the solar system and your electricity or heat usage.
3. Diverse Applications
You can use solar energy for diverse purposes. You can generate electricity (photovoltaics) or heat (solar thermal). Solar energy can be used to produce electricity in areas without access to the energy grid, to distill water in regions with limited clean water supplies and to power satellites in space.
4. Low Maintenance Costs
Solar energy systems generally don’t require a lot of maintenance. You only need to keep them relatively clean, so cleaning them a couple of times per year will do the job. If in doubt, you can always rely on specialised cleaning companies.
5. Technology Development
Technology in the solar power industry is continuously advancing, and improvements will intensify in the future. Innovations in quantum physics and nanotechnology can potentially increase the effectiveness of solar panels and double, or even triple, the electrical input of the solar power systems. In 2017, The MIT lab team revealed a new tech concept that captures and utilizes the waste heat that is usually emitted by solar panels. This typically released and non-harnessed thermal energy is a setback and opportunity for improvement for solar technology, which means this innovation could help the cost of solar to plummet even further.