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Are Commercial Solar Panels Overpriced?

People turn to renewable energy for varying reasons. Some, out of great concern to the damage being done to the environment search for alternatives to reduce pollution. Others begin using renewable energy as a means to reduce their energy bill and save money.

Whatever your personal reasons for using renewable energy, you'll be part of a growing trend to be energy conscious and financially aware.

Ten years ago, to have a renewable energy source installed into your home would have required the hiring of a commercial contractor that could cost up to $60,000. But technological breakthroughs and the spread of education and knowledge relating to that technology have reduced the cost and viability of a personal, affordable renewable energy source for every home.

Are commercial installations overpriced?

In the sense that a home built unit and a commercial unit will produce the same results, then yes the commercial installation is incredibly overpriced and has scared off a large portion of the public.

Visit any commercial website and you'll be given a price quote in the tens of thousands of dollars. The price tag is high enough to instantly take people out of the market and is responsible for slowing the growth and acceptance of solar panels and wind generator systems for the individual home.

While you can build your own renewable energy source for less than $200, it will be several more years before a commercial installation costs less than $10,000.

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