Feed-in-Tariffs Encourage Photovoltaic Solar Panel Installations

Solar Panels Quotations, a UK based company, has produced a write- up in support of the feed-in-tariff structures and how such tariffs help in the installation of more solar panels. According to the write- up, feed-in-tariff is a policy process introduced to encourage the use of renewable energy sources such as wind power, solar power, hydro power, wind tidal power and biomass. The feed-in-tariff agreement makes it obligatory for the national or regional grid utilities to purchase renewable electric power from households or other companies.

Most of the countries that use renewable energy sources have formulated the feed-in-tariff procedures to help installation of photovoltaic solar panels at home, and at business locations. Feed-in-tariffs normally include provisions such as fail- safe supply of electric power and grid access for power generation, transmission or distribution networks, signing of long term contracts for the electric power produced, and organized purchase prices for the power produced covering the costs of such electricity production to match with grid pricing.

In solar power production photovoltaic panels of certain types are used for power generation. The panels convert solar radiation into power and send it to the grid. Production of solar power does not normally incur any other expenses other than the costly installation expenses and upkeep of solar panels. A good number of countries all over the world have adapted to solar technology and installed the solar panels not only over the buildings but also at the solar farms, military installations and others. The feed-in-tariff structure and other concessions offset the heavy initial expenditure normally incurred on solar panel installation thus allowing a steady rise in the solar panel installations in the recent years.

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