Alternative Energy HQ solar power for homes, wind energy, and bio fuel issues
This is definitely a good question given that the financial downturn is still with us and perhaps domestic customers are looking into quick choices to saving money. Unfortunately solar energy panels, like most other renewable energy methods do not produce excellent short term returns on investment, but instead are a long term return on investment solution. So it depends on the view point of the domestic customer as to whether the solar energy prices of approximately £12,000 for a standard domestic solar energy panels system, is something they can handle. The standard return on investment period for this solar energy panels system is in the region of 10 to 12 years, but with an estimated lifetime of approximately 45 years, once the solar energy prices have been recovered, the domestic customer is then supplying all free energy. In fact the energy that is created by the solar energy panels can be taken 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 supportive viewpoint on their energy usage patterns and one aspect that can be investigated easily is that of machines. The Energy Trust web site has reviews of high efficiency machines, so perhaps with these along with some energy saving practices the domestic customer could be able to save more money. Obviously this could well add more expense in addition to the solar energy prices already paid, but in the long run these energy saving machines should also be reliable and long lasting and so could well also be good long term investments.
The standard solar energy panels system is estimated to be able to produce in the region of 40% of the standard families’ energy need, but with the energy saving machines 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 around 40%, and then saving even more by cutting their energy usage. In addition, the domestic customer will receive credits via the feed-in tariff for energy created by their solar energy panels and also for any surplus energy that gets exported back to the grid via their utility supply organisation.
