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Published byMarcia Byrd Modified over 8 years ago
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Solar Power Systems The savings from utilising solar power
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What is solar power? Solar power is the conversion of sunlight into electricity, either directly using photovoltaics (PV) Photovoltaic (PV) systems use solar panels, either on rooftops or in ground-mounted solar farms, converting sunlight directly into electric power. This power is converted from DC to more useable AC power which is the same one would utilise from the grid.
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How does solar power work?
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Why use solar power? Solar Power Is Good for the Environment. Solar power doesn’t produce greenhouse gasses and it doesn’t pollute water or any other part of nature. Solar Power Makes You Independent of Electricity Prices It’s a solid investment and adds value to the property. Solar Energy systems are durable, since they do not have any moving parts. You can use your Solar Energy all day. New technology allow one to be still connected to the grid in order to help supplement power usage.
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Cost savings The following yearly savings can be expected, based on a 24kW system Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10 Total savings after 10 years Yearly savings R 68 745.60 R79 744.90 R 92 504.08 R 107 304.73 R 124 473.49 R 144 389.25 R 167 491.53 R 194 290.17 R 225 376.60 R 261 436.85 R 1 465 757.20
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