Why is solar power system is so expensive?

Question

My father is planing to fix 2 set of solar power system on our house roof worth about $2500+..

Why is it so expensive & what is it made of ?

Answer 1

Check with your municipality to see if there are rebates for going solar. Some do, most do not. Check your state's department of revenue to see if it can be claimed on your income tax.

The system is made of an array of silicon waifers. These are tested, then wired together to make the collector. It is currently very labor intensive, and the parts are produced in small batches. All new technologies are expensive at first, but when they catch on, the price drops. It will just take a litte time yet.

Answer 2

the expenses are a approaches decrease than in the previous and are estimated almost immediately to be as value-efficient as coal, and photograph voltaic already is aggressive with coal in some areas, which includes China the place they actually embody the technologies. additionally, new technologies in photograph voltaic are advancing immediately, which includes photovoltaic cells and amorphous photograph voltaic panels that assemble means even whilst that's cloudy. there is important progression seen to happen interior next six months. photograph voltaic is and has been a quickly evolving technologies. What you knew approximately photograph voltaic 2-3 years in the past (age of lots stuff online) isn't what's rather taking place immediately. same with photograph voltaic lighting fixtures -- human beings offered crap (this is now being offered at various decrease value shops); various cases this is been discontinued with the aid of fact it grew to become into crap, yet human beings make their minds up approximately it in keeping with those studies and are bitter on the technologies. Please examine articles decrease than, they're all informative approximately photograph voltaic technologies. In India, many finished villages use photograph voltaic means for lighting fixtures and cooking and warmth presently as antagonistic to kerosene.

Answer 3

It is not mass produced in this country. Be informed it has a lifespan of ten years, There is battery maintenance. The converter from DC to AC should last long enough not to worry about it. If your income is above a certain amount you get no subsidies. It is not cheap.

Answer 4

now, the cost of solar power system has fallen a lot, it is the best time to install solar power system.

Answer 5

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Answer 6

Supply and demand. Not a lot of people are into solar, so the price has never dropped much. When more people get into it then they will have competition which will drive the price down.