Solar panels are used to convert the sunlight into electricity using the Photovoltaic Cells. This PV cells are made from crystalline silicon which provides more efficiency. By going solar, one can reduce their electricity bill and can also export their excess electricity using ‘net metering’ and can earn through it.
Now-a-days the installation of solar panel has increased due its eco-friendly nature. The installation of cost of solar panel varies in every part of the world. Learn How To Install Solar Panels–
Installation Cost of Solar Panel
1. Types of solar panel affecting the installation cost of solar panel
The types of the solar panel affects in the installation cost of solar panel. There are two types of solar panel; one is crystalline solar panel while the other is thin film solar panel. The crystalline solar panel tends to be more costly than the thin film solar panel as it is more efficient even in winter season. Thin film panels are also efficient, but they are not as strong as crystalline solar panels.
2. Solar controllers affecting the installation cost of solar panel
Various solar controllers are available in the market. The price differs from brand to brand. Also the price is according to is efficiency, warranty and the brand. This can add or reduce the cost of solar panel installation depending on the selected solar controller.
3. Solar batteries affecting the installation cost of solar panel.
Batteries are the most important component in solar panel. Depending on the efficiency, warranty and brand, the prices of battery differs. The sealed batteries are costly than the unsealed batteries. But the sealed batteries are safer than that of unsealed ones. The sealed batteries can be placed in indoor too. Although unsealed batteries are cheaper but are unsafe as they can leak corrosive materials which are toxic and hazardous.
Hence the battery also adds charge in the installation cost of solar panel.
4. Inverters affecting the installation cost of solar panel.
The inverters are the device which converts the DC energy into AC energy. Similar consideration is used as that of solar controllers. The inverter’s selection choice depend on the panel’s array. For example, if the array which is used is of 5kW, then the inverter used should be at least of 5kW capacity.
5. Delivery and Installation charge
Depending on the location of the house, the delivery and installation cost exists. That is if the house is in remote location. Then the cost of solar panel installation is high.