Hi Kenbrook Solar , Let me complete your Answer. Solar power is the conversion of renewable energy from sunlight into electricity, either directly using photovoltaics (PV), indirectly using concentrated solar power, or a combination. Concentrated solar power systems use lenses or mirrors and solar tracking systems to focus a large area of sunlight into a small beam. What are the types of solar power systems? There are three main types of solar power systems: Grid-tied systems: The most popular solar system type; the home is connected to the grid so it can use electricity from the utility when the solar panels aren’t producing enough energy to power the home Hybrid systems: Also called ‘solar-plus-storage systems’; the solar panels are paired with a solar battery to store energy for the home to use later on or during a power outage, and the home is also connected to the grid. Off-grid systems: There is no connection to the grid and the home runs entirely off of energy generated and stored on site. What is the best solar power system for home? The right solar power system for your home depends on what you want out of the system. The best grid-tied solar system for you would be if you just want to lower your electricity bill and power your home with renewable energy at the same time. Grid-tied systems are especially great if your utility offers full-retail net metering. It is more suitable to use hybrid solar power systems if you live in an area with regular power outages but have access to the grid. In most cases, solar batteries won’t save you any additional money, so you’re really paying for the peace of mind of having a battery backup bank when the grid is down. Hybrid systems are also popular for homeowners who want to maximize the amount of clean energy they use to power their home. What are the main components of a solar panel system? Understanding the components of a solar power system is the first step to finding the right system for you. The components of a grid-tied home solar power system include: Solar panels Solar inverter Solar racking Net meter Solar performance monitoring Hybrid and off-grid solar system types will require additional equipment. Aside from the equipment listed above, they will also use: Solar battery storage Charge controller Can you install a solar power system yourself? You can install solar panels yourself if you’re looking to save money on installation costs. Many people who decide to go the DIY route use solar panel kits that cost anywhere from $7,000 to $15,000 to cover all of their energy usage. Hope this answer will help more to your audience. Thanks, Bobriakov

Calibersolar Let me tell you my thoughts on it. If you can afford it, buying solar panels is always going to be more advantageous compared to leasing solar panels because you pay less in the long run, you are the sole owner of the panels, and the value of your property is not negatively impacted through having them installed. As the owner, you are also entitled to all of the tax rebates and government incentives whereas with leasing, you are not.