There are four main types of solar power systems that can be installed on your home or business. The most popular 3 though are listed below.
Grid Connect Solar
The grid connect solar system is the most commonly used and most cost-efficient solar power system used in both household and commercial markets. The grid connect solar power system lets you sell your excess power generated for additional savings. It is also the most inexpensive solar power system to install and maintain.
The off-grid solar is also referred to as the stand-alone solar power system. It is commonly used in remote or rural areas where a main electricity grid is not present or an electricity service is not possible. It stores electricity generated by the solar panels into batteries.
The hybrid solar systems are one of the new innovations in solar technology. It is still under further development and is quite expensive in terms of installation and maintenance. It is a combination of both grid connect in terms of quality and has the storage capabilities of the off-grid solar power system.
Why is grid connect solar the most commonly used solar power system?
The grid connect solar power system is inexpensive, easy to install and requires minimum maintenance compared to other systems.
It does not take up too much space and does not have storage batteries that need to be maintained or replaced.
The return-of-investment or ROI period is relatively shorter.