Sun Valley Renewables, a solar panel company in Conway, Arkansas, has released a report cautioning consumers against ignoring the benefits of solar power. The report identifies the financial benefits of solar energy, and explains how consumers can significantly reduce or eliminate electricity bills by converting to solar power.
More information can be found at https://svrsolar.com/solar-101
In theory, there are enough photons delivered to the Earth in one hour to generate enough solar power for the entire globe for one year. Sun Valley Renewables has released a report that explains how homeowners can draw on this renewable energy source in place of the electricity they’re renting from utility companies.
The report specifies three different types of solar power panel systems.
On-grid solar power systems are the simplest to implement and the most cost-effective. Energy generated from on-grid solar arrays powers an entire home, while excess power is directed back into the grid shared by utility companies. Homeowners are then credited for power returned.
The second type of solar panel system is the Off-grid system. Off-grid systems are not connected to central power systems and require a battery to ensure homes are powered both day and night. This system doesn’t allow for excess energy storage and is the most expensive to employ.
The third type of solar power system is the hybrid system. Hybrids are a mix of on and off-grid systems that connect to a central grid but also require a costly battery backup. This option requires more maintenance than on-grid systems.
Studies show that the price of electricity in the U.S. has gone up by close to 3% each year for the past decade.
A typical American household pays $1,390 annually for their electricity. With the appropriate number of solar panels, the average household would eliminate these expenses and save $1,390 every year instead.
For those interested in converting to solar power, Sun Valley Renewables offers a zero down payment plan in addition to the 26% federal tax credit. Learn more at https://svrsolar.com/solar-financing-options
With the release of their recent report, the company is helping today’s consumers understand how they can significantly reduce their utility bills or eliminate them altogether, by converting to solar power.
Visit https://svrsolar.com to find out more.
Sun Valley Renewables
Sun Valley Renewables
14 Hart Ln
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Bulletin Track journalist was involved in the writing and production of this article.