Do you want to know the future of Solar Power Geelong? If so, this blog is just for you.
Today, we will discuss the future of solar power system so that we can be ready for it.
Now read ahead!
Enhancement in solar & storage
The major drawback of any normal solar system is that it works only during the day. Not anymore! Solar power systems have improved with time. Nowadays, you can install solar power made on advanced technology.
Solar panels come with a rechargeable battery and certain storage that lighten your house or office even during the night. These storages recharge during the day as a backup and work perfectly when the sun is down.
This might increase the cost of solar power systems, but it’s worth spending. You can cut the cost of electricity to half and more.
All you need to do is just pay a one-time purchasing & installation fee, and you are good to go off using the free energy source.
Advancement in technology
As we said earlier, technology advancement has a great role to play in the bright future of the solar energy system. The industry will grow up to 17.5% in the next coming year(s) that might also include reduced cost as well.
Pretty attractive!
Bifacial PV (photovoltaics) modules and the increasing application of 6-axis trackers are supporting to stimulate this growth.
PV modules provide extra energy so that they can absorb & convert light into electricity from both sides in no time.
Fossil Fuel
Fossil fuels are going to be less competitive, especially during peak solar manufacturing. Hence, non-flexible generators are ramped down at such times, reducing the revenues and profits for the existing industries, which could end up being retired earlier than expected.
As the sun begins to set, solar power generation decreases, leading to quick ramp-up generation form the non-renewable sources to meet evening or afternoon power requirements.
Healthy Glow
Renewables are pretty much in demand in the adjacent industries because it goes beyond climate or energy change. The total investment in renewable energy production would lead to an ROI of 34% in reduced healthcare cost alone because of low air pollution. Hence, Residential Solar Panels Geelong can make the earth a better place to live with fewer health issues and more natural energy perks.
Evolution to clean energy
Climate changes rely on us.
Yes, you read it right!
The amount of carbon footprint we would leave on this earth will define our future. Issues such as global warming, earthquakes, pollution, etc. are the result of us taking advantage of nature.
But, now people are more aware of the facts. They are switching to more eco-friendly choices.
Therefore, solar power systems are going to be the first choice of many homes and commercial areas.
That’s the truth you might have been looking for.
Now that you know the predictions and know that Solar Power Geelong is the best option not only ecologically but also economically, install one right now.