Solar Panels Now Cheaper Than Ever

For homeowners and businesses who want to achieve all of the benefits of solar energy but are worried about the costs related to purchasing and installing photovoltaic equipment, good news has arrived: solar panels are more cost effective now than ever.According to statistics compiled by the IHS Solar Polysilicon Price Index, the global price of silicon - a key component in PV panels that converts sunlight into a direct electrical current - in October fell to one of the lowest rates so far this year. In addition, Businessweek reported the average price of solar panels has decreased 75 percent since 2007.During October, the price for 9N silicon, one of the most pure silicon used in PV materials, decreased 9 percent. The price of 6N to 8N silicon, the lowest grade product that can actually be used in a PV power system, dropped 7 percent, Solar Novus Today reported.
According to IHS, silicon prices should stabilize or go up slightly during December this year and through January 2013. However, an oversupply of PV materials in a global marketplace means that the cost of obtaining solar-grade silicon is still likely to remain relatively low for the foreseeable future."Suppliers are trimming production, inventories in the channel are continuing to be depleted and most industry players are expecting a rebound in demand in 2013," said Glenn Gu of IHS, according to Solar Novus Today. "Because of this, spot market pricing for solar polysilicon will uptick slightly at the start of next year. Even so, spot prices will remain significantly lower than those on the contract market, causing solar polysilicon suppliers to continue to cut contract prices as they strive to catch up with the spot market."A decline in silicon prices means that it is more cost effective than ever to make solar panels, and those cost savings are passed on to the consumer: homeowners and businesses who elect to buy a solar electricity system.
Have Natural Daylight and Save Energy: Miralite has been designed, manufactured and patented in the United Kingdom to afford active natural daylight into buildings to allow artificial lighting to be turned off for up to 10.5 hours a day!Unlike passive skylights Miralite uses solar-tracking technology to follow the sun and with the clever use of pre-determined angled mirrors drive natural light into a building. The result is a bright, healthy, glare free light, just as nature intended.Miralite energy saving skylights are a solar powered green lighting solution for commercial buildings, schools, factories, public facilities, retail stores, etc; etc. In addition to significant energy and cost savings there are many more benefits from the installation of Miralite Solar tracking sky lighting.