Solar Power is getting Cheaper

Have you been wanting to install some solar panels or PV panels to make your own solar power but you have been put off by the cost?

 

I’ve been telling my customers to wait just a little bit longer, I have had the feeling a break through was just around the corner and today I found out I was right.

 

Well the good news is an Australian university has discovered a way to slash the cost of solar panels, making them about 30% cheaper and about four times more efficient.

 

The Royal Melbourne Institute of Technology developed the panels and now Professor Bates and his team have created an Australian based company to produce them and are working on a manufacturing deal with Magna Cosma International who manufacture car parts.

 

These panels work with special Acrylic lenses which concentrate the solar rays on to moving pv panels which track the sun as it moves across the sky.

 

The system is able to provide both electricity and heat and uses about 75 % less photovoltaic cells.

 

This technology will radically reduce the cost of producing solar power, putting it more in line with the cost of producing coal fired power.  Which at current rates in Victoria, Australia is about 20 cents per kWh, whereas typical solar power is at least 70 cents per kWh.

 

The system will also be able to be used to provide cheaper solar hot water.  Making it much more affordable for those who want to reduce their electricity bills, greenhouse gases and carbon footprints.

 

If you are a little bit of a handy person, or do it yourself type you might not have to wait for this technology to become available before you can start benefiting from cheap solar energy.  With a little bit of time you can knock up a solar panel yourself for even less than you can imagine.  To find out all the details and watch a demonstration video go to http://kerryann23.earth4.hop.clickbank.net /

Tags:alternative energy,green energy,photovoltaic panels,pv panels,renewable eneregy,solar energy,solar power

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