Solar panel prices fell hugely in the past years. Is there anything that could significantly reduce installation costs?
Solar panel prices fell hugely in the past years. Is there anything that could significantly reduce installation costs?
Apparently you even need a permit from the grid operator for it.
Here in NL they come to your house a week after you call and your panels are up and connected in 4 hours or so.
Parts/materials costs in contractor quotes are often padded so they aren't completely overshadowed by the labor portion. In any job where there's specialized knowledge or license restrictions (HVAC) or risk (walking on a roof), the floor for labor rates is usually 2-4x the materials cost.
But, the real issue is that almost nobody pays cash upfront for their solar install. Between incentives, loans, and/or predatory PPAs, the prices lose touch with reality. See healthcare, college tuition, housing prices, etc. for similar scenarios where credit or third-parties distort the market.
How much more expensive can that be?
It's probably much more in the planning process and tariffs on Chinese PV.
It's entirely obvious that most of these places make money off the financial engineering, not the installation part.
I'd sign a competent contractor today for my quite marginal installation plans if I could find someone I'd trust to build something decent and to my specification.
They also tend to devalue the house as it's more difficult to get insurance, and many potential buyers are used to shitshow level of installs and/or dealing with a more complex close due to the seller needing to pay off loans/leases/etc.
A lot of these plays are also companies setting up complex financial engineering schemes that boil down to government subsidy arbitrage.
Any roofer could do the panel install, and would do a far better job than a solar hack that had 3 days of training. Electrical would be an electrician.
Another thing, if you have the space, is to consider a ground mount. Ground mount hardware adds a little cost, but it is a lot easier for a solar installer to set up, so they finish faster. Since labor is the biggest driver of cost, then it makes sense to build a very big array that doesn’t just offset your operating costs but completely eliminates it (well, net-eliminates it anyway).
I have low electricity costs, no time of use pricing, and I don’t think I can sell back. I also live in a very cloudy city. So solar doesn’t make much sense!
Complete no brainer.
I think the main consideration where I live is whether you can make the investment and if you plan on staying in your house long enough to realize the benefit. Also nearly all of the power I offset is from coal.