Why Are Solar Panels So Expensive?
Solar panels are so expensive because they are made of expensive raw materials like high-grade Silicon and lithium. These materials are required in large amounts along with the expensive installers and protection equipment to make them safe and reliable to use. Their price is also immensely affected by size, brand, location, roof type etc.
The cost of solar power depends upon many factors, and it can vary from one home type to another. The best quality, efficient solar panels are costly because their production is challenging. Similarly, the cost of solar panels would vary for larger homes than for small households.
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