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Solar Electric Systems, or Photovoltaic (PV) Systems, use the sun’s energy to convert solar radiation into electricity. The solar electric panels are made up of individual photovoltaic cells which absorb sunlight – working even on cloudy days – to help run your household appliances and lighting.
Each solar electric PV cell is made up from two layers of silicon, which act as a semiconductor. When light shines on the cell it creates an electric-field across the layers. The stronger the sunshine, the more electricity is produced.
The strength of the PV cell is measured in kilowatt peak (kWp).
Cut Your Carbon Footprint. As a Solar Electric PV system is a green energy, it doesn't release any harmful pollutants, such as Carbon Dioxide into the environment. According to The Energy Saving Trust, a typical 2kWh system could save you around 1200kg of Carbon Dioxide per year – around 30 tonnes over its lifetime.
Cut Your Electricity Bills: Sunlight is free. Ofgem have estimated that electricity prices are going to go up by over 60% over the next 3 years. They have already gone up nearly 40% in 2009 alone! By utilising the Feed In Tariff programme, you can use a PV system to not only cut your electricity bill, but to also pay you money back for ALL the electricity your system produces at a guaranteed, year one rate of 41.3 pence per unit. This rate is guaranteed for 25 years, is indexed linked and paid on ALL the electricity your system produces, even if you use all that electricity yourself.
Sell Electricity back to the Grid: Not only will you be paid for ALL the electricity you produce; any excess will also be bought back at around 5 pence per unit.
Shortened Pay Back Periods – Long System Performance. By utisiling the Feed in Tariff, the typical payback time for a solar PV system is less than 10 years, a return of over 10% PA, which is significantly higher than any bank or building society is currently offering. The Feed in Tariff is guaranteed for 25 years, which is the same length of time your Homeco Solar PV system is covered under warranty.
Your Solar PV system is a safe investment. A typical household system can see returns of 10% to 14% per annum. Over its lifetime, you could see a return of £25,000 to £40,000 for a typical domestic system. With Electricity prices increasing, installing a Solar PV system make more financial sense than ever before.

By choosing to install a solar power electricity generating system, not only will you be cutting your Carbon Footprint, you will be being paid to do so. For more information on Domestic Funding and Feed In Tariffs, click here.
Homeco Energy - Solar Panel and Solar Electric PV Installers for Sheffield and South Yorkshire