Still assuming zero maintenance and zero degradation for a 4000 investment i save 164 year.
How much energy over the lifespan of a solar panel.
Luckily the lifespan of solar panels will allow you to produce energy for many years providing a great return on investment.
The return on investment is 4 and it takes 24 years to recover my investment.
For instance a 300 watt panel must be capable of producing a minimum of least 240 watts till the warranty ends.
I can buy electricity off the grid for about 10 cents kwh.
A 1 kw solar panel produces about 1640 kwh year.
Over its guaranteed 25 year lifespan a sunpower panel will provide 60 percent more power than a conventional panel 4 and while our best in industry combined power and product warranty is for 25 years sunpower panels have an expected useful life of 40 years 5.
As a general solar industry rule of thumb solar panels last about 25 30 years.
Copper indium gallium selenide solar panels are manufactured by a thin layer of copper indium gallium and selenide on glass or plastic backing along with electrodes on the front and back to collect current higest cigs thin film solar panel efficiency is registered around 20 9 many energy laboratory confirmed 13 8 module efficiency of a large area production panel and 13 total area and 14.
Solar panels offer homeowners a great way to reduce their carbon footprint.