Determining factors of cost of solar panels
We are all aware of the increase in
fuel and gasoline and its effect on
the prices of electricity and other
energy.
In such a situation the
Solar Power System comes as a
rescue that cut down the prices
and can...
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Determining factors of cost of solar panels
We are all aware of the increase in
fuel and gasoline and its effect on
the prices of electricity and other
energy.
In such a situation the
Solar Power System comes as a
rescue that cut down the prices
and can help us get energy at low
cost.
So is there really no price for
using solar power? not exactly.
But
yes the prices of solar power panel are attached to every Solar Power Plan Installation.
Solar panel with inverters and installation covers almost 60% of the cost of the entire plant.
So how is the price of solar power panels decided? Considering that every solar panel
comes with a different unique feature and every home plant will have different capacity to
generate electricity.
Hence the best way to consider the pricing was found out to be price
per watt.
Usually the solar panels cost around $3.
00 however during the time of crisis the
prices fell to as low as $1.
2 or $1.
5.
The reasons for this price fall are due to the availa
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