solar panel system

Image Credit: Jimmy_Poe, CC BY 2.0
Solar power is making homes more energy-efficient and environmentally friendly.

The International Energy Agency (IEA) has released its yearly Photovoltaic Systems Program report, which highlights the development solar energy systems in homes. The report shows that Australia is enjoying success with regards to solar power adoption, particularly in the residential sector. This development was observed mostly in 2013. This year, the government has been pulling back on its support for such renewable power source, focusing more on other forms of energy and distancing itself from issues related to climate change.

Rooftop Solar Power Systems

The report states that some 3.4GW of residential solar capacity was installed in the past year, with installations going online at 1.4 million houses, with rooftop solar power systems accounting for 2 per cent of the total solar energy generation in Australia. Small-scale solar projects have managed to find the most success in the country because they relatively cost lesser compared with much larger projects. Furthermore, the availability of solar leasing programmes has made it much easier for householders to adopt renewable, clean energy.

Cost of Photovoltaic Technologies

The report also notes that photovoltaic technology prices have been falling in a steady rate over the past few years. As this happens, solar power has increasingly become more attractive to a wider range of users. Not only are homeowners the only ones embracing such technology, but also many Australian businesses that have begun installing rooftop energy systems on their properties. Aside from them, some government buildings are also equipping themselves with rooftop solar panels.

Cost is often an issue of concern with regards to clean technology and renewable energy. Clean energy systems are generally quite expensive, but their prices have been dropping drastically over the past few years. With such change, solar energy is well on its way to becoming less costly than other conventional forms of energy. However, such technology will likely still rely on government support to continue seeing strong adoption in many corners of the globe.