As solar energy continues to grow in accessibility and popularity, the average cost of solar panels continues to decrease. According to the solar energy industries, the price of a residential solar panel system has dropped by an annual average of more than 60% over the past decade — from upwards of $50,000 for a 6-kilowatt-hour (KWh) system in 2011 to between 3,7777 to 65555 lakh in 2021.
How much do solar panels cost?
Switching to solar energy requires an up-front investment in equipment and comes with initial installation costs. But after that initial cost, the only recurring charge is the electricity you use beyond the power your panels generate. Assuming your solar system is the right size for your home and is properly installed and maintained, homeowners typically will see long-term savings on electricity bills and a return on their investment after several years.
The price of solar panels varies by brand and retailer. Keep in mind, however, that solar panels are only a tiny fraction of the total initial cost of setting up a solar system. Installation (including supporting equipment) and ongoing maintenance make up the remaining solar panel system costs.
The process for switching to solar doesn’t happen overnight. It may take weeks or even months to decide on a solar provider and an additional several weeks to six months before your system is fully operational. Solectic Engineering offers Best Price of Solar Panel in Pakistan. The amount of time it takes depends on a company’s availability and schedule, as well as the permitting and inspection processes where you live. The size and type of solar panels you choose can also affect the length of this process.
The company you select as your solar provider will arrange for an engineer to complete a site review of your home as the first step to solar panel installation. Many solar providers, such as Momentum Solar, have in-house engineers. Others outsource the job to local contractors. The engineer will review your roof to ensure it can accommodate solar panels and inspect your current electrical system. This home visit will guide the design of your residential solar system.
Following an in-person roof assessment, your solar company will create a customized system for your home. At this point, companies will provide recommendations on specific brands and products and allow you to pick the ones that best fit your budget. You will also have a chance to review and approve the design before the company moves on to the permitting phase of the process.
Solar panel installation can happen only after obtaining essential permits and other paperwork. While this can take several weeks, the good news is that most solar companies will handle this step in the process for you. We offers Best Price of Solar Panel in Pakistan.
Required permits include written permission from your utility company, often in the form of an interlocal agreement. If applicable in your state, the agreement will include enrollment in a net metering program. Net metering credits homeowners who own their solar systems for any excess electricity their panels produce, essentially billing them only for their net energy usage.