Homeowners can take advantage of residential-scale solar, typically in the form of rooftop solaror in ground-mounted solar installed in open land. Generally, residential solar systems are between 5 and 20 kilowatts (kW), depending on the size of the home.
A solar panel (also known as a solar module) consists of a layer of silicon cells, a metal frame, a glass casing unit, and wiring to transfer electric current from the silicon. Silicon (atomic #14 on the periodic table) is a nonmetal with conductive properties that allow it to absorb and convert sunlight into usable electricity. When light hits a silicon cell, the light causes electrons in the silicon to be set in motion, initiating a flow of electric current. This is known as the z “photovoltaic effect,” and it describes the general functionality of solar panel technology.
The science of generating electricity with solar panels boils down to this photovoltaic effect. It was first discovered in 1839 by Edmond Becquerel and can be thought of as a property of specific materials (known as semiconductors) that allows them to create an electric current when they are exposed to sunlight.The photovoltaic process works through the following broad steps:
Concurrent with an increase in solar efficiency, the cost of solar panels has fallen substantially. In the last decade alone, the cost of a solar panel installation fell over 70 percent, and many industry experts predict that prices will continue to fall in the years to come.
Additionally, depending upon where you live, several rebates or incentives for solar power may contribute towards lowering the cost of solar energy even further. Nationwide, the federal Investment Tax Credit (ITC) is one of the primary incentives available to anyone interested in solar energy, as it allows you to deduct 30 percent of the cost of installing a solar array system from your federal taxes. This incentive won't last forever: in 2033, the federal ITC steps down to 26% and it will go away completely for residential solar installations in 2035. Many states and utilities offer further incentives (such as net metering) in addition to the federal ITC, dropping the cost of solar power even further.