Evaluate Efficiency: When comparing low-cost solar panels, consider their efficiency rating, which indicates how effectively they convert sunlight into electricity. While higher-efficiency panels may have a higher upfront cost, they can generate more electricity over time and provide greater long-term savings.
Check Warranty and Durability: Look for solar panels with comprehensive warranties and a proven track record of durability and reliability. A longer warranty period can provide added peace of mind and protection against potential issues or defects.
Consider Installation Costs: In addition to the cost of the panels themselves, factor in the cost of installation, permits, and any additional equipment or accessories required for your solar PV system. Some installers may offer package deals or financing options to help reduce upfront costs.
Explore Financing Options: If the upfront cost of solar panel installation is a concern, explore financing options such as solar loans and leases. These arrangements allow you to pay for your solar system over time, making solar more accessible and affordable for homeowners and businesses.