Alternative Energy HQ solar power for homes, wind energy, and bio fuel issues
This is probably a good question given that the poor financial climate is still lingering and maybe domestic customers are looking into quick solutions to saving money. It’s a shame but solar energy panels, like most other renewable energy methods do not generate excellent short term payback, but instead are a long term return on investment option. So it depends on the mind-set of the domestic customer as to whether the solar energy prices in the region of £12,000 for a typical domestic solar energy panels system, is something they can live with. The typical return on investment period for this solar energy panels system is in the region of 10 to 12 years, but with an estimated lifetime in the region of 45 years, once the solar energy prices have been recovered, the domestic customer is then making all free energy. In fact the energy that is supplied by the solar energy panels can be considered as free from the start, it just depends on how the solar energy prices are taken into account.
The system of solar energy panels could in fact be a spur to the domestic customer to take a environmentally friendly viewpoint on their energy demand patterns and one aspect that can be checked up on easily is that of devices. The Energy Trust web site has reviews of high efficiency devices, so maybe with these along with some energy saving practices the domestic customer could be able to save more money. Clearly this could well add more expense on top of the solar energy prices already paid, but in the long run these energy saving devices should also be reliable and long lasting and so could well also be good long term purchases.
The typical solar energy panels system is estimated to be able to create in the region of 40% of the typical families’ energy requirements, but with the energy saving devices as well, this percentage must improve. This in itself could well give the domestic customer some sense of achievement in cutting their energy bills by approximately 40%, and then saving even more by cutting their energy demand. In addition, the domestic customer will receive credits via the feed-in tariff for energy supplied by their solar energy panels and also for any excess energy that gets sent back to the grid via their utility supply business.
