Solar Energy Figures And Statistics

Solar energy is fast becoming one of the more promising alternative forms of energy sources that is out in the energy industry today. The main reason for this is probably due to the fact that its main source of energy, which is the sun, is able to provide over 10,000 times more than the energy that our planet is able to produce. This helps show people that solar energy is one of the best alternative energy sources for the future. However, don’t simply take my word for it. Instead, check these different solar energy figures and statistics and see for yourself if whether solar energy is indeed everything that people are claiming it to be. 

Is Solar Energy Systems Financially Viable?

One of the main things that people look at when it comes to alternative sources of energy is whether it is financially viable or not. Getting a solar energy system for your home or work place these days would actually help you save some money on the total cost of your utility bills annually. However, this particular benefit is not necessarily immediate, as there are some other costs that you need to consider. Nonetheless, using solar thermal systems would allow you to get back the total cost within 5 years of installation, and 15 years for photovoltaic panels, after which, you can then enjoy the benefits of cutting down the total cost for your energy consumption. 

Does Solar Energy Reduce Cost Of Energy Consumption?

Studies have shown that using certain solar energy systems do reduce the total cost of energy consumption that your home or work place might incur. If done right, you can actually lower your annual utility bill by as much as 80%, which is very significant, especially if you are trying to find ways to save some money. 

Also, there are certain programs that allow solar energy systems user to sell back energy or electricity that they were not able to consume to the utility provider, giving you more ways to save money. 

Do Sunny Areas Have More Solar Energy Systems?

Although the ideal location to place these solar energy power plants to harness sunlight would be in locations that have an ideally hot climate, some places which does not have that hot of a climate are known to have more solar panels than those which have hot climates. Denmark and Holland, and most of the northern European country, claims that they have more solar panels than the United Kingdom, indicating that you don’t necessarily have to have a hot climate in order to enjoy the benefits of solar energy. 

How Much Area Does Solar Power Plants Need?

Most, if not all, solar power plants require a certain stretch of land area in order to house all the solar panels that these power plants need to have in order to properly harness and collect sunlight and solar energy. Depending on the size of the power plant and the solar energy output needed, each solar power plant land area would vary, from 250,000 square meters of solar panels in the United Kingdom, to the 93 million square meters of solar panel in China. 
