Gone are the days, when solar photovoltaic panels were less efficient.
Today’s solar technology has the ability to generate more electricity utilising the same space, meaning that the energy payback period has significantly reduced to a few years. Based on our recent calculations, the energy payback period from rooftop photovoltaic panels is now between 3.5 – 4 years.
The energy payback period is a calculation that estimates how long it will take for your for installation to “breakeven” on the investment. Taking into consideration high utility electricity rates and reduced equipment costs are making it less expensive for homeowners to invest in a solar energy system.
Solar panels give their best performance when the sunlight falls directly on the cells. Cyprus, with its Mediterranean climate, provides the ideal situation to fully maximise the production capacity of solar cells.
Reduce your carbon footprint and start saving today with a new solar energy system for your home! Invest in solar and enjoy strong rates of return and eliminate your electricity bills.
