October 2, 2023

Solar panel facts you need to know

Solar panels are a fantastic addition to your home or business property. Not only can they help you to save lots of money on your energy bills, but they can also help to reduce your carbon footprint. In this blog, we’re letting you know some solar panel facts you need to know.

Solar panel facts

The first solar panel was made in 1883

The first solar panel was created in 1883. The panel was installed on a rooftop in New York in 1984 to generate electricity for the building. This was a massive step for the solar energy industry.

The cost of solar panels globally has dropped by over 80% in the last ten years

Energy costs have been a big topic over the last year, and the good news is that solar panels have drastically reduced prices! That means that now is a great time to have solar panels installed.

The amount that you’ll spend on your solar panel system depends on how many panels you have installed and how much power you need. We can match you with local installers who can assist you with your solar panels.

Solar energy is free

Solar is an entirely free way to power your home. The sun is always available to everyone, making it an extremely reliable electricity source.

There are many solar panel myths, and one of the most common myths is that you need bright, direct sunlight daily for your panels to generate electricity. This is not the case. Instead, the panels can generate electricity through daylight due to the sun’s energy.

Bright sunshine does help the panels to generate electricity faster, but it can still be achieved with natural daylight, too. It’s best to keep your panels away from shaded areas, such as under trees or near taller buildings.

Solar power generation can save you money

Solar panels can help you to save lots of money on your energy bills. According to research, solar energy users save over £500 a year with a three-bedroom house after solar installations! This means you’ll make a great return on your solar panel investment – and quickly, too!

Those with bigger homes using more energy will notice even more savings on their energy bills after installing solar panels!

You can be paid for your solar energy production

You heard us right. Did you know you can be paid for having solar panels? In the UK, you can benefit from the SEG scheme, the Smart Export Guarantee scheme. This scheme allows you to send your excess energy back to the National Grid and be paid for it. Once you’ve got enough power to meet your household’s energy needs, you can send the rest back.

Find out more about solar panel funding and grants in the UK. You can also benefit from paying 0% VAT on all solar panel installations until 2027. Now’s the time to look into the solar industry and harness solar energy for your home.

solar energy production facts
  • Solar power is responsible for 15% of the world’s renewable energy; wind power is responsible for 25%.
  • There are over 1,000 solar farms in the UK.
  • Around 1.3 million UK homes have solar panels installed.
  • Around 3.2 million US homes have solar PV panels installed.
  • Solar power is an abundant energy source that does not produce any pollution, a much better option than using fossil fuels.
  • An average solar panel system can boost the value of your home.
    Solar technology has come a long way in recent years.

Find out more about how solar cells work together when generating renewable electricity in our blog: how do solar panels work?

There are so many interesting solar facts to consider before you install solar panels. With frequent changes to energy bills and options to pay no VAT on installations, now is the time to turn to solar power, a significant renewable energy source.

We hope you found this blog helpful regarding solar panel facts. The solar panel industry is snowballing as more people rely on them for electricity generation.