Solar energy is a type of renewable energy derived from the sun's radiation. It is harnessed using solar panels to convert sunlight into electricity.
Solar panels converting sunlight into electricity through a process called the photovoltaic effect.
The cost of solar panels depend on several factors including location, the size of the solar panel system, the type of solar panels used, installation costs, and any available incentives or rebates.
Typically, residential solar panel systems have payback periods ranging from 5 to 15 years
On-grid system is a type of solar power system that is connected to the electrical grid. solar panels generate electricity, which can be used to power the home or business where they are installed and any excess electricity is fed back into the grid.
Off-grid system known as a standalone or isolated solar system, is a type of solar power system that operates independently of the electrical grid. The electricity produce will be stored in batteries for later use.
Net Energy Metering (NEM) is a billing arrangement and policy that allows residential and commercial solar panel system owners to give the excessive electricity they generate into the grid.