Will I lose money installing solar panels?

Introduction Will I lose money installing solar panels? Solar panels, also called "solar chips" or "photovoltaic cells", are optoelectronic semiconductor sheets that use sunlight to directly generate electricity after installing a solar panel.

Will I lose money installing solar panels?

Yes. Solar panels, also called "solar chips" or "photovoltaic cells", are optoelectronic semiconductor sheets that use sunlight to directly produce electricity. After installing solar panels, you will have to pay for damage caused to the photovoltaic equipment. pay if the equipment is stolen. If the house is demolished, you will no longer be able to rent it. Photovoltaic equipment always costs money, so installing solar panels will cost you money.

At present, the power generation efficiency of solar panels is approximately between 13% and 18%, which is the average value in the photoelectric conversion process. When the voltage of a battery cell reaches 0.4 to 0.6 volts, its output power reaches its maximum. Under standard sunlight conditions, which receive 1,000 watts of solar radiation per square meter, 1 meterre square of solar panels can produce approximately 130 to 180 watts of electrical energy. In other words, its conversion efficiency is around 13% to 18%. Considering that the average annual sunshine duration in Shanghai is 1,100 to 1,300 hours, under ideal conditions, 1 square meter of solar panels can generate at least 143 kilowatt hours of electricity per year, which is equivalent to approximately 143 kilowatt hours of electricity. Therefore, the power generation capacity of solar panels is closely related to the conversion efficiency and sunshine duration.

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