Residential Solar Power Systems
Solar power panels serve the purpose of absorbing solar energy and converting it to electric power through the photovoltaic (PV) effect. Most homes have a roof or a backyard that can be utilized to install solar panels and produce electricity.
The Residential Solar system produces about 300 watts in an hour on a normal sunny day and requires a battery to store the energy to be used at night.
The Residential Solar system also needs an inverter to convert the DC power generated by the solar panels and stored in the batteries into AC power to run appliances or devices installed in the house. Interconnected and appropriate cable wiring makes sure the power flows from the right devices into the appliances that use them and is also available at all times and is in usable form.
Advantages of Residential Solar System
Residential solar panels use Sunlight as the primary source of energy. Sunlight is a renewable energy source as it will be available for at least 5 billion more years as per the scientists of today.
Solar panels produce electricity that meets the energy needs of the household and result in a reduction in electricity bills. The amount of reduction each month depends upon the size of solar system installed and heat and electricity use of each system.
Residential solar panels can earn money for the user by selling the extra power generated back to the grid.
Residential solar systems are low on maintenance and only cleaning the panel surface every three months is needed to keep the system operating at max efficiency.
Residential solar panels can be used to power buildings in off-grid or remote locations. Solar panels can be used for water heating for household usage.
Solar Victoria and Government incentives
Large & Small Scale Renewable Energy Targets
The Federal government of Australia has defined a target of 33000 Gigawatts as per the policy for renewable energy. This accounts for 23.5% of Australia’s total electricity generation.
This target of renewable energy includes both the Large Scale Renewable Energy Target (LRET) and Small Scale Renewable Energy Scheme (SRES).
- STCs are termed as Small Scale Technology Certificates.
- STCs are eligible for small scale renewable energy installations under 100 kilowatt.
- STCs are generated by a small scale solar panel, wind or hydro system over one or five years, or a single maximum deeming period.
- 1 STC is equal to 1 megawatt-hour of eligible renewable electricity either generated or displaced by the system