Solar Energy Prices
Is Solar Power Expensive in America
Solar power is beginning to disrupt the hell out of the power utilities. Electric vehicles are on the verge of putting internal combustion engines to sleep. The solar revolution is certainly one of the more exciting things to watch.
Solar has achieved “grid parity” in many places thanks in part to a combination of cheap installation costs, high electricity prices, and government subsidies.
The cost of renewable energy like solar, is now falling so fast that it should be a cheaper source of electricity generation than traditional fossil fuels within a few years.
In the US, average household consumes about 11,000 kWh per year
US average solar costs average $3.14 per watt, depending on the US Zone.
Solar Power is best for your home, if you’re eager to lower your carbon footprint and save on energy bills.
2018 Solar Energy Costs
USA $3.14 / watt average ($2 – $4 / watt)
UK £1.70 / watt
India 1.50 / watt
China 1.24 / watt
Canada $2 – $4 / watt
Australia $1.34 / watt
Top five best solar panel manufacturers in 2018 :
- SunPower (22.2%)
- Panasonic (21.6%)
- LG (21.1%)
- Hanwha Q CELLS (19.6%)
- Solaria (19.4%)
Going green is a great cause, but with solar energy offering huge savings, consumers are increasingly swayed by the financial benefits.
As the cost of solar power continues to drop, solar panel systems are becoming much more viable for the average household.
Is Rooftop Solar energy cheaper in other countries compared to united states.
Everything in the U.S. costs a little bit more to do, on top of that, american regulation has more than doubled the cost of solar.
Solar panel costs depends upon the country tarrif
Customer acquisition, Labor, Interconnection to the Grid all costs more
Solar panel prices vary greatly depending on which state you are installing the solar panels in, state based and utility companies incentives also lower your cost.
Tips for Solar Shoppers
As with any big ticket purchase, Always shop around to avoid paying inflated prices offered by the large installers in the solar industry.
Smaller contractors typically offer lower prices, homeowners getting multiple quotes can expect to save up to 10K on their solar panel installation.
The bigger isn’t always better, The biggest installers typically don’t offer the best prices, make sure you compare multiple quotes from local installers to ensure you don’t overpay for solar.
History of Solar Energy
In 1839, French physicist Edmond Becquerel uncovered the photovoltaic effect
The photovoltaic effect is the basic physical process through which a photovoltaic cell converts sunlight into electricity.
In April, 1954, researchers at Bell Laboratories demonstrated the first practical silicon solar cell with about 6 percent efficiency.
The first silicon solar cells were expensive to produce, but within a few years solar cells were commonly used to power satellites, and other applications followed.
29.5% Efficient Solar Cell
The NASA InSight mission successfully landed on Mars on November 26, 2018 and its dual solar panel array has set a daily electricity generation record for the planet.
Why Americans Pay More For Solar Panels
Why does home solar energy cost so much in the United States
Why is renewable energy so expensive ??