Solar photovoltaic systems convert the sun's energy into electricity so that it can be directly used by the house as it is produced. The excess is either sent to the electricity grid or to a large battery, depending on how the property owner has designed their system. For urban dwellers, the most common set up includes connecting to the grid so that the system sends excess electricity produced to the utility and the property owner receives a credit for the produced electricity against the electricity that they use during a month or year period, depending on the customer's net metering contract with the utility. Property owners who produce as much as they use may only have a small minimum monthly fee for their electricity bill.
Solar photovoltaic systems provide numerous advantages. Installing a PV system results in a fixed cost for the system and the electricity it produces as electricity (utility) rates continue to increase. In addition, Solar PV does not produce greenhouse gas emissions as electricity is produced, and is a silent and unobtrusive energy producer with low maintenance requirements and no moving parts. In fact, most Solar PV panels carry at least a 20-year warranty and the system as a whole will likely include at least a 10-year warranty.
Please visit Energy Star to find information on Federal Tax Credits for this product.
To check the utility rebates available for this product, please check theses websites if you are a customer of:
Solar Photovoltaic - Inverters
Solar Photovoltaic - Panels