For comparison a typical residential solar panel will have 60 or 72 cells.
Industrial solar panels installation.
For bigger manufacturing facilities a commercial solar installation will be bid at a very affordable rate which guarantees a fast break even point in potentially just a few years.
Commercial and utility scale solar installations are largely responsible for giving solar the title of cheapest energy resource in the world.
For more information on the solar power investment potential why not contact our team today on 0800 988 3188.
The federal investment tax credit itc for solar is equal to 30 of the amount invested in an eligible installation e g if you invest 100 000 in solar you could receive a 30 000 tax credit.
Solar photovoltaic pv panels are a versatile energy technology that can help electric customers of all kinds with their electricity needs.
Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8.
The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house.
The typical commercial solar installation uses 96 cell or greater solar panels meaning each panel is made of 96 or more individual solar photovoltaic cells.
Residential commercial industrial and utility scale.
The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.
There are three main categories of solar panel installation.