Biotech Renewables - How much do solar panels cost?

Solar panels, also known as photovoltaic (PV) panels, absorb the sun's energy throughout the day and convert it into direct current (DC) electricity. Most homes and businesses run on alternating current (AC) electricity, so the DC electricity is then converted to usable AC electricity by an inverter

The cost of solar panels can vary greatly depending on the type and model. On average, solar panels cost about £10,000, with a range between $4,000 to £30,000.

A solar energy system typically consists of solar panels, an inverter to convert the generated DC electricity to AC, a battery for storing excess energy, and a meter to measure and monitor the system's production.

Solar panels are generally very durable and can last for many years. New solar panels usually come with a manufacturer's warranty of 20 years. However, with proper care, the panels should last many years beyond the warranty, and you can expect your solar modules to work for up to 60 years.

Solar panels need direct sunlight to generate electricity. Therefore, they do not produce energy at night and will produce less energy when the weather is cloudy. However, due to high electricity costs and financial incentives, solar is still a smart decision even if you live in a cloudy city.

If your panels are covered in snow, they can't produce electricity. However, when the sun comes out, the panels will begin to heat up, shed the snow quickly, and start producing electricity again.

Solar rebates and incentives vary depending on where you live.

While it is possible to install solar panels yourself, it is generally recommended to hire a professional installer. This ensures that the system is installed correctly and safely, and that it operates at maximum efficiency.

Solar panel systems are made of durable tempered glass and require little to no maintenance. In most cases, you don’t even need to clean your solar panels regularly. If something does happen, most equipment manufacturers include warranties.

The number of solar panels you need depends on your power requirements, which are determined by the electric appliances you use. A solar professional can help you determine the right number and size of panels for your needs.