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BillSavings > Personal Finance > Savings Lifestyle > Save Money on Energy Build Solar Panels

Savings Lifestyle

Save Money on Energy Bills with Kits to Build Solar Panels

Solar Panels: the Next Best Thing in Saving Money and Powering Your Home

By Mindy

BillSavings.com Brief:

If you’re looking for a cheap and earth-friendly way to save money, look no further than solar panels. Not only do they provide you with the energy you need for everyday life, they do it at an extremely low cost that might even end up making you money – not to mention saving you a boatload on energy costs. Find out how you can save money on energy with something as simple as a solar panel kit.


These days, both the economy and the environment are getting a lot of attention. From people looking to make or save money to people hoping to help the planet, scores of new ideas are bouncing around. One such idea – that of building solar panels – has captured quite a bit of enthusiasm because it helps out on both fronts. Building solar panels allows you to save money on energy in an earth-friendly way.

Find out how you can build your own solar panels using helpful kits and buying tips. Better yet, learn how you can make them work for you by putting money back in your wallet in the form of energy savings and tax credits.

What exactly is a solar panel?

In a nutshell, solar panels harvest energy from the sun. They do this by absorbing sunlight during daylight hours and converting it to electricity.

Solar panels are made up of photovoltaic cells (also called solar cells). Photovoltaic cells are arranged in a grid pattern on the surface of a solar panel. A single photovoltaic cell can create an electric current of roughly two amps at two volts, which, when accumulated over the course of a sunny day, can power your entire house.

With your own supply of energy readily available, you can lower your dependence on the country’s energy grid. By lowering your use, you lower your electricity bills and save money.

How to save money using solar panels

There are many ways to save money using solar panels, but before you actually install them it’s a good idea to learn about any financial incentives you can take advantage of. There are solar panel tax credits available for both individuals and businesses, and some local governments even offer rebates to help save on the cost of installing solar panels.

You’ll want to find out the requirements for such credits and rebates before you purchase any kind of solar panel system. That way you’ll be able to reap the maximum advantage from your purchase.

Along with upfront savings and credits, some energy companies allow you to make money by selling them your surplus energy.

Lastly, but most important, is the fact that you can significantly trim your electricity costs. The money you save on energy by harvesting sunlight can add up to significant amounts over the years and is virtually always worth the investment. Just make sure you take good care of your solar panels once they’re installed. Keep them clean and in fine working condition so you can reap their full benefit.

How to build your own solar panels for your home

If you have the resources, you can always buy fully assembled solar panels. If you’re looking for a cheaper approach (fully assembled solar panels can run into the thousands of dollars), then try your hand at building your own. They’re relatively simple in concept and can be purchased in kits simple enough for any layman to assemble.

Solar panel kits come in a range of prices. Your costs will depend on the type of system you want along with how much energy you’re looking to create. Kits are available at many local retailers and through dozens of Internet sites. Shopping around and comparing prices is the best way to go if you decide to buy a kit.

A final option in building solar panels for your home is to simply build solar panels using refurbished supplies. Not only can this prove to be the most economical option, it can be quite simple and inexpensive.

The many advantages to solar power

Solar power is a relatively new energy source, but has the potential to become one of the most important sources of energy available. Here are just a few of the advantages of solar power:

  • Solar power is completely renewable and cannot be depleted.
  • Solar power is a clean source of energy, meaning it’s non-polluting. It doesn’t emit harmful gases, nor does it have a negative effect on the environment.
  • Solar power is a free source of energy. Once you get your solar panel kits together, your costs for harvesting solar energy are zero.
  • Solar cells, in addition, require very little maintenance and upkeep. Many can last a lifetime.
  • Solar power is incredibly versatile - it can be used to power many different inventions, from heaters to cars to satellites.
  • Solar energy can be harvested in remote locations where regular energy sources are unavailable.

Disadvantages of solar panels

Too many cloudy days can send a solar panel-dependent homeowner into energy withdrawal. This is why it’s essential that you factor in the amount of sunlight you receive in your region when you’re deciding how many solar panels to install in your home. If you install too few, you may rarely reap the advantages solar panels can bring.

Solar panels also tend to deteriorate after several years of overheating and physical wear. This can reduce their overall efficiency, making it harder to harvest large amounts of energy. The solution is often to replace the cells, which can work out to be a nice cheap fix when done right.

Worth the investment

Overall, solar panels are proving themselves to be a worthy investment. They satisfy needs on all fronts: they save you money, they provide you with the energy you need to live comfortably, and they’re good for the planet.

6/27/2009

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