Photovoltaics is the process of converting light into electricity. This reaction occurs on the atomic level. Certain materials have the ability to absorb the photons of light and then release electrons. Pretty cool, huh? When these electrons are caught, an electrical current is formed. This discovery is well over a hundred years old. It was in 1839 when Edmund Bequerel saw that some materials produced small traces of electric current when exposed to light. In the 1950s solar panels became available on the commercial market. Itâ€™s not a new technology, but advances are being made that can potentially bring solar energy to everyone.
A solar panel's price has dropped a remarkable 99% between 1977 and 2013. It hasn't been a gradual decline. Prices have dropped 60% since 2011. What does this mean? This means that energy can be readily available to the public. In fact, it will be cheaper than standard energy plans through big cities. A lot of the cost of solar panels came from the installation. Nowadays companies have the ability to streamline - their installation process is more effective, cheaper.
While the upfront price of solar panels still averages $17,056, solar companies are utilizing efforts to establish a more resident-friendly kind of installation package. Solar paneling is seen to become a kind of leasing program for those who cannot shell out the big price of installation. Users will see the decline in their energy bill and will, in a short period of time, feel the benefits of lower-priced, clean energy.
2.Technology on the Rise
Even though solar technology was discovered over a hundred years ago, we're still making strides in the field. The highly efficient cells are still fairly expensive, but it's important to realize that as the technology continues to grow, cheaper cells are becoming more effective. New materials are becoming cheaper and advances in cell design continue to improve the efficacy of the industry. It's fair to predict that when the industry reaches a certain height of technological advancement, the â€œcheaperâ€ panels will have exceeded the previous "more expensive" panels.
3. A Higher Awareness
As energy-waste becomes more and more prevalent information, people are more concerned with the quality of their surrounding environment. The advent of the internet has brought the globe together in regards to social and political issues that otherwise may not have been readily available for the public. It seems clear that environmental effects of energy that is not clean should be motivating enough. But let's face it, a lot of people don't earn enough money to do solar paneling. If the detrimental impact of energy waste to our environment is not enough, people will be persuaded to solar power through cost. Between October 2010 and December 2013, the mean cost of city-provided energy in the U.S. rose 37%. We're seeing solar energy prices decline as popular means of energy prices rise. Eventually people will meet somewhere in the middle and switch over to solar paneling. It's the smarter decision that's becoming more feasible.
- License: Creative Commons image source
Tim Stevenson wrote this article Tim produces relevant blogging materials for consumers seeking particular information. He is an active publisher and a wealth of knowledge. http://www.ambassadorenergy.com