A person's hand holding Money fanned out in front of solar panels.

There is no doubt that the residential solar market continues to grow rapidly. With the increased risks of blackouts due to severe weather and high demand, more homeowners are trying to take control of their own power production. But for many, the most pressing question is how much it costs to achieve energy self-sufficiency. There are many factors that affect the price of solar energy. The most obvious cost is the hardware and the components that make up the solar system.

The solar panel itself contains an inverter solar cell plus the mounting hardware. Then there is the carrier channel cable. When you choose a solar power system, you will find very durable and effective solar panels on the market. In general, panels consist of a solid air base in the back of the solar cell, while the light-trapping surface sits on top in pure sunlight. This combination prevents corrosion while creating a higher surface for clean energy production. The price of a solar panel depends largely on factors such as its size and wattage.

Both the size and the wattage really do a lot for how efficient a solar panel is. More watts mean higher efficiency. High-efficiency panels require fewer solar panels in less space than conventional solar panels. This can be especially useful for homes with minimal roof space.

This brings us to the next installation cost factor. Solar installers are trained professionals and work in a highly specialized industry. Completing a solar installation requires a full team of experienced professionals. Part of the cost of the solar installation goes to pay for the hard work and experience of the team.

If you are considering solar energy, a solar dealer can help you design and evaluate a solar system that meets your energy needs. A well-planned system can save you money on energy bills and add value to your home. They can also direct you to incentives and rebates that can further reduce costs. Or help you find the financing that will make your new solar system very affordable.

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