(Last Updated On: July 25, 2023)

As technology has taken a major turn to ease our lives, it has also found its way to preserve our natural resources. Water is one of the natural resources that is used to create electricity but keeping in mind that we need to even preserve it for future generations, the technology has found itself a tool that will create electricity without any use of water. Yes, you read that correctly. With technological advancement, we now have solar panels that use sunlight as a source of energy to create electricity. Also, the solar panel cost is a one-time, efficient investment. This electricity can be used in houses, medical fields, agriculture etc.

In the beginning, solar panels were less effective, and thus they were used to measure electricity, but now they can be used to create direct current electricity if they have rcd protection. Solar panels absorb the sun’s rays and convert them into heat and electricity. You can find different types of solar panels in the market. They can be used to power homes and businesses. Also, they are very beneficial for remote areas where there is a lack of electricity supply. 

But do you think that considering solar panel cost is the only and primary point to be considered while purchasing? Well, no, since there are different types of solar panels, we must understand the basic difference between them before investing and measuring their use. Look at different factors that must be kept in mind before investing in it, other than the solar panel cost. 

Efficiency

If we talk about the efficiency of solar panels, the monocrystalline panel is the most efficient than the polycrystalline and thin film panels. Monocrystalline solar panels consist of a single crystal of silicon, due to which the electrons that create a stream of power have more space to move. Thus, monocrystalline have longer life spans as compared to polycrystalline. 

Space Constraints 

If your PV panel size is limited by the space on your rooftop, you must prefer a higher-efficiency solar panel. Then accordingly, you must go for a monocrystalline one. On the other side, if you have a larger space on your rooftop and you are looking for ground-mounted sun-oriented solar panels, you can go for polycrystalline ones that will not only be efficient but will be a monetary option. 

If you want to dive deeper into the world of solar energy, learn more about solar modules, and understand everything from solar panel costs to their advantages.

These are some of the factors that you can consider other than solar panel cost before investing in them. Talking of its advantages, here we are with a list of its pros that you must look at:

Renewable Source of Energy 

Solar energy is a renewable energy source. It can be harnessed all over the world and is available daily. Thus, solar panels are a blessing to us in many ways, from decreasing your electricity bills to providing power to areas with no electricity. Solar panels are a great invention for all. 

Reduces Electricity Bills 

Solar panels tend to meet your electricity needs; thus, they will help in reducing the bills and cut off extra costs. The amount that you save depends on the size of the solar panel and the electricity or heat usage.

Low Maintenance Cost

These solar panels don’t generally require high maintenance costs, you only need to keep them clean, and thus it is the major job you need to do. The best thing is that there are no moving parts and there is no wear and tear. The only thing is that you need to change the inverter after 5-10 years since it’s continuously working to produce electricity. 

A wise decision calls for investing in solar panels because of their advanced technology and the benefits it brings to us. It has proved to be a better option for life that will save you from high electricity bills and save that extra penny. The solar panel cost offered by Luminous is very affordable, and the panels are of the best quality that will ease your problems. Better late than never to switch to Luminous solar panels for a better future.