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Having determined these parameters, it is important to set a budget. While the initial investment in solar panel technology can be substantial, available incentives and financing options can significantly reduce the cost. Governments and local authorities often provide tax credits, rebates, and other financial aid to promote solar energy adoption.
Another factor influencing price is the manufacturing process. Advanced manufacturing techniques and innovations, which improve the efficiency and durability of solar panels, often result in higher production costs. This is reflected in the market price. Cheaper panels may save you money upfront but could lead to higher costs in repairs or replacements due to lower efficiency or durability.
390 watt solar panel price
