Tuesday, 1 July 2014

Why Should You Consider Solar Energy

Why Should You Consider Solar Energy
There are many genuinely valid questions by whoever is considering solar for the first time, especially the application to Sri Lanka. Is the solar technology mature enough? Is the right time to consider solar? Are solar systems reliable in Sri Lankan weather conditions? Solar technology has been around for many years despite the recent renewed interest in the solar energy technology in the last few years. Solar generated electricity applications in aerospace science and the military have proven to be quite viable and useful. High cost of energy mainly in Europe has driven the demand for solar produce electricity in commercial and residential buildings for over a decade. Therefore the solar inverter technology and crystalline solar panels technology and high quality manufacturing techniques have been matured for long time and been applied in climate conditions in much worse than in Sri Lanka. In fact, their some visionary governments have had a long-term commitment in subsidizing solar/wind technologies and providing appropriate incentives to justify its cost. This has driven the demand up and driven solar prices down significantly. This now brings solar electricity to be cost parity with national grid per kWh cost. There are many short-term and long-term benefits resulting from installing solar panels for homes and businesses. Solar energy is an excellent way to utilise the free energy Mother Nature offers and there are many positives outcomes by utilising solar energy, both for personal advantage and also for the good of humanity. Solar energy will also help reduce consumption of traditional fossil fuels and will have a positive effect on the environment. Switching to solar energy brings many benefits and, first and foremost taking into consideration the current exasperated prices paid for fossil fuels, the money saved on monthly energy bills is an immediate benefit. Today this applies to Sri Lanka and any other country in the world due to the diminishing fossil fuel reserves. On average the cost of utilities in the last 3 years have been increasing almost 20% per year and a projected similar increase yearly for coming years may not be too far off. By installing solar panels for residential homes and commercial businesses, you will cut their utility rates drastically and also truncate any further increase in prices for utilities, meaning more money can be saved. When sourced from well known and reputed suppliers, solar panels are highly durable products that require minimal maintenance and are backed by 25-year manufacture' performance warranty, the long-term fiscal benefits are equally impressive. IS THE TECHNOLOGY MATURE ENOUGH ? JLANKA brings forefront of the solar technology to Sri Lanka that been applied around the world and has partnered with reputed giants in the Solar technology. For those people that they may have some doubt about the maturity of this technology, it should be noted that solar energy technology has already made many technological advances. Of course, like any other technology, it will definitely make more advances in the future. However, the price for the more advanced technology will also most likely make corresponding advances. The end product, however, is still the same "electricity", perhaps produced in a more efficient manner. The efficiency of solar panel mostly matters when the area available for installation is limited. If one has enough space to install a right size solar system, then the efficiency factor becomes somewhat irrelevant, because what matters is the output electricity of the system. Therefore, the improvement in efficiency for future panels may not be as an important for those who have enough space for today's technology at a very competitive price, and needless to say the advantages of using "proven" technology. IS IT THE RIGHT TIME TO INSTALL SOLAR SYSTEM ? The simple answer is that right now could be as good a time as any other. The evidence for this claim lies in the fact that as soon as you have invested and installed a solar system, you are practically an energy provider. You will produce electricity at the rate that the system was designed for, with very minimal maintenance for the next 25 years. It's get better with Sri Lanka government approving the net-meter scheme which allow consumer to export unused electricity to the national grid and import when required. This eliminates the need of expensive batteries and simple system. Doesn't this sound like a better investment than some other investments we know of these days ?

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