Solar Panels May Have Ultimately Arrived At Economic Efficiency

Solar Panels May Have Ultimately Arrived At Economic Efficiency

The last example of​ this specific phenomenon was apparent was in​ the​ early 70's, when there was a​ crude oil trade embargo and​ hence, no gasoline. Substitute energies began to​ pop up here and​ there with many people jumping on the​ band wagon. But, gasoline soon returned in​ plentiful supplies and​ unconventional energy sources fell beneath the​ average consumers radar screen again. Now, in​ 2018, the​ common consumer is​ seeing petrol prices move higher and​ found a​ realization that global warming will be affecting finances soon. Substitute energy is​ back in​ the​ sentiments of​ the​ ordinary consumer and, maybe, this time for​ good.

Where did solar go?

Solar power for​ the​ home was a​ big seller during the​ energy crisis of​ the​ 70's. Many houses found tri-pods of​ solar panels on their roofs gathering what power they could. These units were found mostly in​ environmentally sensitive Arizona, but soon they were found across the​ World. Unfortunately, the​ solar power cell of​ the​ 70's just wasn't all that cost-effective and​ cost quite a​ bit to​ put in​ and​ maintain. as​ fossil fuel returned to​ the​ marketplace there was diminutive need for​ solar cells in​ a​ time of​ flagrant consumption. But the​ idea of​ solar energy was a​ good one and​ many trailblazers understood that it​ was a​ good idea that had yet to​ find its time. Solar panels never went away; they just slid back into the​ laboratory to​ await solar panel 2.0.

Solar is​ back and​ ready

Today's solar panel is​ not your father's solar panel. Depending upon which type of​ energy you care to​ generate, electricity or​ hot water, today’s solar panel has come a​ very long way in​ the​ form of​ photovoltaic's and​ will go further still. These cells, when combined into panel form, turn the​ suns rays (so-to-speak) right into power ready for​ use. They have also become exceedingly efficient, more environmentally sound and​ less expensive. Today’s solar panel will sit almost anywhere and​ is​ quickly finding itself being turned into a​ panel the​ thickness of​ a​ nano particle. Solar power technology is​ running at​ extremely fast pace and​ driving costs down to​ an​ affordable level.

Who's using the​ panels?

As mentioned, it​ takes a​ change in​ the​ purse strings to​ see a​ marked change in​ a​ consumer’s behavior. With a​ technology and​ paradigm shift on the​ order of​ solar panels it​ requires a​ solid leap forward in​ panel efficiency, costs of​ panels , associated elements and​ an​ increase in​ existing costs of​ fuel. When these factors reach critical mass solar panels start to​ show up, not at​ the​ consumer level, but at​ the​ corporate and​ industrial level. This is​ simply because business moves its money where the​ costs-over time-are less. This is​ just good business. Solar panels are now, as​ in​ this past two years, become more cost effective for​ industry to​ use then to​ not use them over time.

Why solar panels now?

Solar panels are now being used primarily because fuel costs are just too high to​ ignore in​ favor of​ a​ new technology that is​ worth checking out. Companies have available empty roof space and​ the​ choice of​ trying something on a​ larger scale to​ see if​ it​ works versus continuing to​ pay higher fuel bills and​ environmental costs. the​ whole concept is​ extremely self serving. There is​ no environmental consideration involved. if​ the​ company doesn’t use solar panels they have to​ pay fuel costs and​ air clean-up expenses along with variable fuel charges. They try out the​ solar panels and​ see if​ they work now. if​ they do, the​ company can; commit to​ a​ full solar panel program with even more efficient solar panels, significantly reduce fuel costs and​ almost eliminate air cleaning needs along the​ way. There is​ little environmental about it. It’s just good business. After industry gets rolling, solar panel costs will drop like a​ stone and​ the​ consumer will jump on board because…it's just good business.

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