March 26th, 2011 | 
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Have you always wondered what the hype is about solar panels and renewable sources of energy? Are you interested to have one in your own house? Take the time to read the following things about it and learn more about how it can change your home.
What Are Photovoltaic Panels?
Photovoltaic panels are solar panels that change sunlight into electrical energy. It can generate electricity for your home for your own consumption. A lot of homes are now using this type of renewable energy source because the government is awarding these home owners with extra income through the Feed-In Tariffs.
What Is The Solar Panels Feed-In-Tariffs?
The feed-in-tariff is basically a program that allows homeowners who are using renewable energy to generate and export these renewable sources of energy to electrical suppliers for a certain fee. It is a scheme whose rates are determined by the United States government.
Are There Any Requirements Before You Can Start With This Scheme?
Yes, there are some requirements that you need to follow. First of all your renewable source of energy must be lower than 5MW. It also requires you to be accredited by Microgeneration Certification Scheme.
Is there anything that I need to show to electrical companies that certifies me?
Yes, you need to show the FIT eligibility certificate so that electrical suppliers will recognize you as eligible for the scheme.
How Will I Be Paid?
You need to send the readings of your electricity meter from the total generation meter and the export meter on your solar panel. Your payments, which will be given to you by the electrical supplier, will be based upon these readings.
Where Am I Earning From?
For the electricity generated, you are going to earn a minimum payment for this as well as any exported energy. You can also enjoy savings and discounts on your monthly electricity bill usually provided to you by your electricity supplier. Solar panels will not only give you savings but will also help in preserving Mother Nature.
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