Sustainable Energy Through Solar Panel Installation
Making resolutions for the new year has traditionally served as a means for people to focus on and make plans for the things that are truly important in their lives. Nonetheless, there are many aspects of life to reflect on and plan about. One may focus on personal goals, others may also want to make an impact on the environment and the world.
It has been long recognized that our planet is changing. Storms are getting stronger each year, cities sinking, forest fires, and other disasters happening around the globe. Aside from these calamities, societies experience economic recession and there is also a growing demand for sustainable energy for the growing population. In order to fulfill the rising energy needs and combat climate change, renewable energy is a critical component.
One of the most common renewable energies is produced by capturing solar energy through solar panels. These are panels filled with elements referred to as photovoltaic cells. Through the photoelectric effect, these cells produce an electrical current when sunlight strikes them. After that, the current is sent through the use of an inverter to transform it into an alternating electrical current. From there, you can use it to power your house or incorporate it into the national grid system.
According to SEIA, over the past ten years, the cost of solar panel installation has decreased by more than 60%, enabling the sector to grow into new markets and install thousands of systems worldwide. In addition, solar panel installations are further encouraged by the Inflation Reduction Act (IRA), which was passed in August 2022. Due to the IRA, experts predict that the number of solar installations would rise by 40% between 2023 and 2027.