Cost Of Solar Panels

Price range of Solar Panels for electricity production

Solar panels basically consist of several photovoltaic cells placed and connected together. There are various sizes available in these cells, depending upon the usage. These days, when everyone is striving to make devices more and more compact, efforts are being made to create smaller sized photovoltaic cells.So they can be fitted into communication devices and laptops. The only drawback is that the production of these cells is rather expensive, but initiatives are being made to introduce these cells and solar power generation panels to the public.

It is a fact that building large sized solar powered plants is easier than providing the public with the facility. Once again, the only issue is the cost factor. But it is also a fact that it is just a one time investment, these panels do not need fuel and continue to generate energy in the form of electricity for as much as a whole decade in some cases! Following are some facts regarding solar panel costs:

. Installing a whole street's pole lights with LEDs as well as solar panels can cost around $11000 - $12000. The advantage is that these lights can continue to work for a whole decade. These panels can even function well in shady weather.

. Obviously, the larger the solar panel, the more will be the cost. There are some companies however that have started manufacturing devices fitted with photovoltaic cells than can be used by the general public or for the purpose of establishing small businesses. Solar panels installed at homes for power generation can cost around $200-$10000.

. An investment of around $800 will produce 123 watts total output. The cost varies depending upon the quality and manufacturer of the solar panels.

. A smaller project, such as the investment of about $400 can generate 14 watts electricity. In comparison to this, large sized solar panel kits costing about $900 can produce around 123 watts. These panels are outrageously expensive but one must keep in mind that these are excellent investment with benefits for almost an entire decade.

. You can easily save on your bill considerably just by making an initial investment of about $135. You can even look around at other solar panel installations by your dealer.

. If you live in flats or apartments, you will require an initial investment of about $200-$400 and that will be ideal for you and your energy consumption.

. As discussed earlier, the larger the panel the more will be the cost. This means that small panels built for small devices are not that expensive. You can easily find chargers and batteries for your laptop and phones for not more than $50.

These small panels don't exactly make any difference in the energy consumption but they are definitely a start. The cost will remain high till mass production of these panels is not conducted, but these solar panels are an excellent investment for years.
Solar Power is the best clean and green alternative energy which can be used for various purposes.