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Solar Can Be Confusing, Let Us Clarify

At Green Energy Technology we are often asked a lot of questions, see some of the most frequently asked questions, and answers relating to Solar Power.

Are solar panels worth it? Are solar panels expensive? How do solar panels save money?

When installed and maintained correctly solar panels will generate electricity that is worth far more than what they cost to purchase and install. This means they are an investment and not really a cost.

In most cases a solar panel system will pay for itself in approximately 5 years and then continue operating, generating free electricity for many more years after that. So, in short yes, solar panels are worth it, and no they are not expensive.

What is the cost of solar pv?

Solar PV varies greatly in cost and there are a lot of variants depending on the incentives that may be applicable. Solar panels themselves are the least variable of all the items and if installed in line with government incentives by a registered CEC installer you would expect to pay approx. $1000 per kw of solar installed.

The other variations in cost will be around the additional items that go along with the solar. Inverter, battery etc. Even though it is good to understand the cost it is also key to ensure the benefits so always look for a guarantee to insure your benefits.

For example, if you are purchasing solar to save money the guarantee of money saved over time will be far more important than the upfront cost.

Solar pv providers near me?

The best solar pv suppliers would be one you can get over the phone information on the items you need and confirm stock prior to arriving.

Even better again is a supplier who would be happy to come out and address your item on site to ensure the correct item/s are used for your requirement.

What solar power system do I need? What solar system do I need?

The key to understand which solar system you need is the goal of what you want to achieve. Some of the key goals of solar are, save money, save the environment, power in an outage, energy self sufficient, security and peace of mind.

When you know your key motivators then it is much easier to create the ideal solution for you.

Are solar pv panels worth it?

Solar PV panels can be one of the greatest investments in the market today. You can achieve ROI of over 50% which is much better that 2% interest in the bank. The key item to consider is not what it could do however it is what it can do for your circumstances.

We would highly recommend speaking to a solar expert to go over the options and info specific to your individual scenario. Although almost all solar panels look the same the way they will affect everybody’s individual situation will vary so having this discussion and getting some clearly defined goals etc.

What solar panels are best? Which solar panels are best?

There are many different types of solar panel, and all have different benefits. The vast majority of solar panels work in a similar way, and all require the same sort of maintenance and care to work effectively. The most important thing to consider when buying a solar panel is its quality and longevity. Solar panels are not expensive, but they are not cheap either, investing in them is something you want to do as few times as possible.

A good indicator of quality is price, another good indicator of quality is the warranties the manufacturer provides, and how long the manufacturer has been in business. Green Energy Technologies carefully weighs up all of these factors before selling a solar panel, we will only provide our customers with panels that we believe will last the distance and do a good job for our clients.

What solar panels do I need? Which solar panels?

The solar panels you need will depend on where you are going to put them and the conditions in which they will operate. The solar panels are only part of the whole solar system, and it is important you get a knowledgeable sales and installation company to guide you through your options and explain the benefits of each.

Green Energy Technologies prides itself of giving you the best options for your situation and taking the time to make sure you are comfortable with your purchase before, during and long after installation.

What solar panels are not made in China?

There are many components that go into making solar panels and sometimes these components will come from many different places. Some companies will have factories or offices in many countries, China is one of the largest manufacturers of solar panels and solar panel components in the world, as such it is going to be very difficult to find a solar panel that has not had at least some part of it made in China.

However, with this said Green Energy Technologies does have both Solar Panel and Inverter options from manufacturers whose predominant operations are located outside of China. Don’t always go by a solar panel’s name to decide if its not from China, Canadian Solar Panels are mostly made in China and are not Canadian at all. If you really want products not made in China, do your research properly, and we at Green Energy are always happy to help you with that research.

Will solar panels get cheaper?

Solar Panels have reduced in price significantly since they first came onto the market. This price reduction has slowed down somewhat in the last few years. It is possible solar panels will become less expensive to manufacture and as such become cheaper. It is also possible that more efficient higher quality solar panels will be invented that might cost more.

There will always be a range of products available for different prices, it is important to weigh up your options and understand the possible returns on your investment. There are excellent returns on investment to be made with solar panels right now, every day you wait for prices to get cheaper is a day of sunlight that could be saving you money.

Green Energy Technologies will be happy to help you to understand the savings you could be making right now, just get in touch with one of our friendly representatives today!

What solar system is best?

The best solar system is very simply the one that delivers on your ultimate goal for the longest period of time.

We would recommend using this 5 point list to ensure you can judge this for yourself:

Goal: What is my Ultimate goal for this system (eg savings, independence, environmental)

Analytics: How will I be able to see that Item 1 is being delivered live at any time and over time.

Products: What products are being used and will they deliver.

Guarantees: Not to be confused with warranty. Guarantees should lock in item number 1 for as long as possible with someone to be held accountable Who will deliver the solution and the ultimate goal. Do you have faith that for example the company delivering will be able to guarantee the above items for 10 years?

Will solar panels get more efficient?

Solar panels will over time and with new technology get more efficient. The key item to understand is how the term efficiency is used for solar panels. Rather than a performance as in one performs better than the other.

For solar panels efficiency is purely about how much power is generated from a certain area. So, for example, a 500w panel that is 1m2 would be 50% efficient a 250w panel that is 1m2 would be 25% efficient. The below information is very relevant to understanding efficiency.

The 2 x 250w panels would produce the same power as the 1 x 500w panel. The 250w panels would simply take up more space. So, if you are looking at the benefits of a more efficient panel it is almost all about the size.

If you have plenty of space on your roof, then efficiency is not really an issue. The other item to consider is most systems are sold on KW and compared in that way so there would be no difference to a 10kw system at 20% efficiency to a 10kw system at 25% efficiency in regard to the output and savings produced. One would simply take up more room than the other.

The other consideration is cost. Anything at the very high end of available technology and very high efficiency is generally new, possibly not proven and generally more expensive. With Solar there is about a 20% – 40% premium to be at the very top end of efficiency and generally it will just get you a newer technology with a smaller footprint.

This technology will be surpassed quite quickly, so in 1-2 years that possible need to have the best for an investment that will stay on the roof for 10 years may be short lived. It may be a good idea to look at this cost vs efficiency as a longer-term investment when it comes to price as there will be no real production benefit.

Are solar panels worth it?

Solar panels are a tool to self-generate power. On average solar power costs about 5-7cents per kw/hr. vs the grid which generally costs between 20-30cents.

The key item is to find a business that will show how this 5-7 cents and the time it would take to get your initial investment back will work for your particular home or business and to show you where the savings and benefits are.

This is just an example based on cost savings.

The other items to consider are the future, security and the environment

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