Is it cost effective to install a home solar energy system?

Introduction Is it cost-effective to install a home solar power system? Hello, it is very profitable to install a photovoltaic plant. The investment for a 10 kW photovoltaic power plant is around 50,000 yuan.

Is it cost effective to install a home solar energy system?

Hello, it is very cost-effective to install a photovoltaic power plant~

The investment for a 10 kW photovoltaic power plant is about 50,000 yuan, and the cost will be reimbursed within approximately five years later, with the cost repaid each year. The rate of return is approximately 14%.

Currently, photovoltaic energy production benefits from multiple advantages:

1. Free electricity at home during the day After installing the power plant, you can use the electricity produced by the photovoltaic plant. to save electricity bills at home.

2. There are subsidies for the installation of photovoltaic plants. In 2020, there will be a subsidy of 8 cents per kilowatt hour for photovoltaic power generation, which will last for two consecutive years.

3. If the electricity produced by the power plant cannot be used, it can also be integrated into the rnational network and sold in exchange for a certain amount of electricity production revenue.

The annual overall income of a 10 kW power plant is about 6,000 yuan, which is a relatively reliable product.

Factors to consider when installing a photovoltaic plant are:

1. The surface and orientation of the roof. Generally, the larger the surface area, the larger the installed area. At the same time, the roof faces south. The installation is the best, the one that generates the most electricity.

2. Investment budget. The current selling price of photovoltaic power plants in the market is around 4-5 yuan per watt. The investment cost can be calculated based on the budget.

3. To make daily maintenance easier, consider whether you'll be home year-round. If you are not home all year round, it is best to have someone at home to maintain it.photovoltaic power plant. .

If you want to learn more about photovoltaic power plants, you can learn more at Carbon Silver Online~

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