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How Is Solar Power System Installation Cost-effective And Revenue Generating? - Business - Nairaland

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How Is Solar Power System Installation Cost-effective And Revenue Generating? by henrypriddle: 7:54am On Jan 11, 2021
Solar energy is obtained from the sun’s radiation and it can be converted to electricity or heat. It is freely available and owing to advancements in technology, solar power system installation enables harnessing solar energy that is continuously available.

Benefits of Using Solar Energy

Solar energy refers to the radiant light and heat from the Sun that is harnessed by a solar system installation company, using a range of ever-evolving technologies such as solar heating, photovoltaics, solar thermal energy, solar architecture, molten salt power plants, and artificial photosynthesis.

Impact on the Environment

Solar energy has the least negative impact on the environment compared to any other energy source. It does not produce greenhouse gases and does not pollute the water. It also requires very little water for its maintenance, unlike nuclear power plants. Solar energy production does not create any noise, which is a major benefit in an urban area.

Reduction of Energy Bills

Generating one’s electricity means that the consumer uses less from the utility supplier. This immediately translates to savings on energy bills. Additionally, one can also make money by selling the unused electricity, which has been generated, back to the grid.

Applicable Everywhere

As long as there is sunshine, solar energy can be deployed anywhere. This is particularly useful for remote regions with no access to any source of electricity. There is a vast amount of people around the world with no access to electricity.

Independent solar systems could be deployed in those regions and improve the lives of millions of people. Furthermore, solar energy is also used to power up space crafts and boats.

Conclusion

The grid is less vulnerable to blackouts if many power plants are spread out. A grid with high penetration of solar energy has thousands of energy production centres that are widely spread out. A large part of the cost associated with solar systems comes from the installation of the panels. This contributes to local job creation.

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Re: How Is Solar Power System Installation Cost-effective And Revenue Generating? by SlurUsername1: 8:15am On Jan 11, 2021
@OP what are the disadvantages of solar power if compared to say hydroelectric power generation? Why does the government prefer to invest more on hydroelectricity than solar energy if has no debilitating effect whatsoever.
Can solar energy power up say the whole of Lagos state?

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