The process of convering solar energy into electricity is called solar photovaltaic (PV). This is not a new technology, however, many home owners, including farmers, are not taking advantage of this process to help reduce their electricity bill.

Because of increased cell efficiency and lower raw material costs and manufacturing, the costs of PV has reduced past the 80% mark in the last decade..

Farmers can take advantage of a new 40% grant through TAMS and a 100% accelerated capital allowances in year of purchase to help reduce their electricity costs, thus making Solar PV the smartest investment they’ll ever make.

Other grants are readily available through the BEC program that is run by the SEAI. The importance of farmers to generate their own electricity is because of planned Government increases in carbon taxes that will become innevitable.

A Solar PV investment on a farm is a wise one due to 100% write off against tax in the year that it is purchased and they can also reclaim the VAT part of the cost.

Full Clarity

Because Solar PV systems are monitored, farmers will be have full transparency of the energy they generate yearly, daily and hourly.

They can also tell how much electricity they are purchasing from the grid which allows them a clear understanding of their energy usage, which is very beneficial.

If you’re a farm owner and would like more information on how having a Solar PV system on your property, contact us and we’d be happy to set up a FREE solar savings consultation with you.

 

 

 

The Massachusetts Institute of Technology recently released a report stating that the solar panels used today have the ability to supply the world with power, with the capacity to produce terawatts of energy by 2050. One terawatt of energy is equal to one million megawatts, and the world population currently consumes 15 terawatts of energy.

Battery technology is seen as key to assisting in the switch to solar energy, because of the ability for a battery to store electricity during peak production and then dispense it when there is little or no sunlight.

Germany is seen as a successful example of solar energy use. In 1991, a Feed-in Tariff rebate plan was created to encourage production of solar panels and other low carbon energy sources. In 2013, Germany was producing 27 percent of the world’s solar energy.

With scientists already capable of harnessing the sun’s energy, the writers of the study believe investment will be the biggest setback in transferring to solar power. The United States uses 26 percent of the world’s power, but there is very little federal support for solar energy which will not likely change until carbon dioxide emissions become too costly. The study emphasizes a need for this support, as well as more research.

Solar Solutions Inc. has helped countless customers power their home or business with solar panels, providing them with an avenue to reduce their energy bills and their environmental footprint.

For more information about the numerous benefits of solar energy, please contact us today.