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4 Reasons Why You Should Not Make Your Buying Decision Only Based on Solar Panel Cost

Harpreet । DHNN
22 Jan 2023 4:49 PM GMT
4 Reasons Why You Should Not Make Your Buying Decision Only Based on Solar Panel Cost
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Solar panels alone won’t do you much good; you must consider the cost of the full solar energy system as a whole. This can include a number of components, including inverters.

When it comes to power and energy needs, any investment you make is substantial in terms of both time and money. Thus, choosing solar panels for your power needs thoughtfully – whether you’re doing so for the first time or upgrading – is vital.

Solar panel cost, of course, is important, and it’s usually a pretty central concern for most buyers. However, making it the only factor you consider while buying a solar panel can cause a lot of trouble for you in the long run. There are a number of other factors you must consider besides solar panel cost to get the most out of your investment. Let’s look at them:


• Solar Panel Cost Doesn’t Always Reflect the Best Technology for you

It may be tempting to do a quick Google search and pick the lowest-priced solar panels. However, solar panel costs – whether high or low – don’t always tell you whether the choice is right for you.

In the long run, choosing the right solar panel technology, particularly for your needs, along with solar panel costs in your budget, is the best way to make the purchase.

And as for the types of solar panel technology, there are many to choose from, from solar thermal – which only heats water – to photovoltaic solar panels, which convert the energy from sunlight into electricity for all your appliances.

• Inverters are Essential to Considering Solar Panel Costs

Solar panels alone won’t do you much good; you must consider the cost of the full solar energy system as a whole. This can include a number of components, including inverters.

Your solar energy system will need an inverter along with solar panels to produce electricity. Inverters function by converting the electricity your panels create into a form that can be used by your electrical appliances.

A high-quality inverter, therefore, is a non-negotiable essential when considering solar panel costs. It will determine the power output of your solar panels as well as be the link between your solar panels and the rest of your household.

• Consider Government Schemes for Green Energy

While you’re researching solar panel costs, you’ll find that many governments, including India’s, offer subsidies and other benefits for switching to solar energy. The reason is simple: solar panel costs are offset greatly in the long run due to the clean and eco-friendly nature of solar energy.

While these schemes can be very useful in lowering solar panel costs, the schemes often come with caveats and may subsidise only certain kinds of solar energy systems. It’s integral, therefore, to do your research in order to find the best choice for your needs.

• Solar Panel Cost Doesn’t Account for a Good Installer and Manufacturer

Most people buy solar energy systems with little to no experience with them, be it in terms of installation or maintenance. When you’re shelling out thousands – maybe even lakhs – of rupees for your new solar energy system, you don’t want to simply go with the cheapest option while disregarding quality and support systems.

After the initial legwork, the best manufacturers – like Luminous – offer support and maintenance in the long run. Nobody wants to buy a solar system for a few months; when you choose an energy system, you’re also entering into a relationship with its maker as long as you’re using the system. You’ll want to, consequently, look past solar panel costs and into a good warranty and maintenance contract in the long run.

Solar panel cost, therefore, isn’t the only factor to consider while making a purchase; after all, you’ll need the rest of the system for the panels to be of any use to you. Manufacturers like Luminous provide full-fledged solar energy systems to meet all your needs, so you don’t have to spend time finding the perfect inverter to get the most out of your solar panel costs.

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