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| Publication Grid Connected Solar Systems The solar electricity industry is one of the fastest growing industries in the world. In Australia, sales of solar modules have increased at more than 20 percent per annum during the last few years. Solar (photovoltaic) modules convert energy from the sunlight into electrical energy. The physical process for this involves a temporary shift in the energy level of electrons within the crystalline substrate of the individual cell. Only a small percentage, 10- 15%, of the sunlight is converted into usable electricity the rest is either reflected or turned into heat. There are three different types of photovoltaic solar modules available,
monocrystalline, polycrystalline and amorphus. A solar panel or module
generally consists of a number of solar cells wired together to provide
the required voltage and current ratings. Since the mid 90’s it has been possible to connect domestic
solar modules by means of inverters direct to the electricity grid.
The DC electricity from the module is fed into a grid interactive
inverter which converts the DC electricity into AC electricity. This
AC electricity is than used by any loads operating in the house and
if there is surplus electricity being generated by the modules the
inverter will feed electricity back into the grid. Conversely when
the modules are not generating enough electricity to power the house,
the grid will supply power to the house. People who choose grid interactive systems generally do so for environmental reasons. Coal fired power stations are amongst the largest contributors of pollution and significantly increase the green house effect. Every bit of electricity produced by renewable energy sources will help to reduce the impact. Many people regard solar or other renewable energy technologies as essential to the survival of our planet. With the current cost of solar modules it takes years for the resulting energy benefit to repay the purchase price of grid interactive systems . Prices are improved with availability of a $4.00 per watt rebate from the government for a system with capacity up to 1000 watt. This results in a rebate of $4000 for a 1000 watt system and a net cost to the customer of around $10,000. A 1000 watt system will generate on average 4-6 kWh of electricity per day resulting in a saving of around $0.90 at current electricity cost. From this a payback on investment of 30 years can be calculated. However with the predicted increases in the costs of electricity in the future a return on your investment can realistically be anticipated in less than 10 years. You may wish to consider the investment potential of a solar installation.
A $10,000 investment at today’s interest rate will yield a
gain of $500. Depending on your tax requirement this will net $375
per year. |
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