In simple terms Solar Panels can be divided into two types:
Photovoltaic Solar Panels convert Photon particles from the sun into electricity, while Solar Thermal Collectors use heat from the sun to warm water or liquid contained within a network of pipes.Both technologies can be considered eco friendly as neither generates carbon as a by product, and both can be used by households to reduce their heating and electricity bills.
UK company HomeSun will be providing and installing 2.5 kWh to 4 kWh solar panel systems (worth between £11,000 and £15,000) at no cost. To qualify, you must live south of Hull, and own a house which is optimally sited with an ideally sized roof.
The rationale behind the system is that HomeSun will receive government feed-in tariff funds over 25 years. At any point, customers can buy the system off on a straightline depreciation basis and start receiving the feed-in tariff themselves.
Those who don't meet the free criteria can pay a one-time fee of £500 and a £5 per month maintenance charge.