Power Capital Solar Panels Feature

Solar panels are becoming an increasingly popular option for those who are looking to install renewable energy saving systems in their houses to decrease costs and be more efficient. We are going to line up some of the most common myths about Solar Energy, and explaining why they are just myths.

 

MYTH #1: Solar Energy is inefficient. FACT: Since solar energy is created from a renewable energy source, any amount of energy produced is helpful to people. Most solar panels convert around 15% of the sun's energy into electricity. More experimental photovoltaic panels, like concentrating solar panels, can convert 40% of incident solar energy into electricity.

MYTH #2: Solar Systems are too expensive. FACT: As we talk, renewable energy is actually already cheaper than coal and nuclear power at every step. Also there are no input costs for solar energy – the sunlight is free. Market price aside, coal and nuclear power have huge hidden costs. Solar offers the opportunity to negate high electricity inflation locking in costs for 20 years thus providing a cheaper predictable alternative for both homes and businesses in Ireland in the future.

MYTH #3: Bad for the environment. FACT: Solar panels are one type of technology that is attracting a lot of attention, and the main reason they receive so much attention is because of environmental concerns. The world pollution is getting worse. Any effort that can reduce the pollution to the environment helps to save the earth. Solar panels are able to harness the energy from the sun and convert it to electricity. Therefore, the use of solar panels is environment friendly. Therefore, solar energy that is harmless to the environment will be the major energy source for future. Solar energy reduces carbon footprint. For every 1 MW of PV installed in Ireland will offset approximately 400-500 tonnes of CO2 emissions from the buildings carbon footprint per annum. Companies operating in Ireland today are implementing a sustainable approach to their energy use and most have adopted carbon emission reduction targets.

MYTH #4: Solar Panels don’t generate much electricity during the winter or cloudy places. FACT: Ireland is not famous for its great weather but nothing to worry about. Solar panels use light, not heat, to generate electricity. UV light is all that’s needed. In fact, when the solar panels are cooler, they are better able to conduct electricity. It`s very cool.

MYTH #5: Solar Panels require lots of maintenance. FACT: Solar panels have no moving parts and do not require regular maintenance. It is recommended to clean the panels once a year or so, but many rely on rainfall to do this for them. Power Capital provides a comprehensive range of services designed to keep your PV system working at its optimum performance level. The quality of your scheme is crucial to its performance, which is why we also offer guidance on specification and provide you with a performance guarantee, so you can truly make the most of your energy management system.

MYTH #6: Solar Panels will cause the roof to leak, deteriorate, or collapse. FACT: Solar panels actually protect and preserve the portion of the roof they cover. If there’s ever a problem with the roof that needs to be repaired, panels can easily be removed. Most solar panels are not attached directly to the roof itself, but rather to a mounted railing system.

MYTH #7: Installing Solar Panels will increase your tax. FACT: You actually save tax. Companies can take advantage of 100% Accelerated Capital Allowances (ACA). The ACA is a tax incentive for companies paying corporation tax and aims to encourage investment in energy efficient equipment. The ACA offers an attractive incentive whereby it allows companies to write off 100% of the purchase value of qualifying energy efficient equipment against their profit in the year of purchase.

Power Capital is your all-in-one solar energy provider. Our in-house team will take care of every part of your project including financing, custom engineering, solar panel installation and ongoing system monitoring. You will also get a dedicated manager who will keep you up-to-date on your project status and answer any questions you may have.


For more information, contact This email address is being protected from spambots. You need JavaScript enabled to view it. or call 01 685 2858.

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Sources: 

WakaWaka. (2016). Solar Energy Myths & Facts. [online] Available at: http://waka-waka.com/solar-energy-facts/ [Accessed 30 May. 2016].

Greenpeace.org. (2016). 6 Myths About Renewable Energy, Busted!. [online] Available at: http://www.greenpeace.org/africa/en/campaigns/Climate-change/renewable-energy-myths/ [Accessed 29 May 2016].

Us, A., Maehlum, M. and Mæhlum, M. (2012). Solar Energy Pros and Cons - Energy Informative. [online] Energy Informative. Available at: http://energyinformative.org/solar-energy-pros-and-cons/ [Accessed 30 May. 2016].

Solarsimplified.org. (2016). Solar Simplified - Solar: Myths and Truths. [online] Available at: http://solarsimplified.org/solar-facts-faqs/solar-myths-and-truths [Accessed 28 May. 2016].