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Solar Panel Tier. Initial Cost. Price With the 30% Federal Tax Credit Applied. Low End. $5,000. $3,500. Average. $25,000. $17,500. High End. $40,000. $28,000
Depending on the materials, the price will range greatly anywhere from $120 per square foot to $400 per square foot. This can increase for custom builds, as the estimate jumps to about $200 to ...
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Cadmium telluride PV is the only thin film technology with lower costs than conventional solar cells made of crystalline silicon in multi-kilowatt systems. [ 1 ] [ 2 ] [ 3 ] On a lifecycle basis, CdTe PV has the smallest carbon footprint , lowest water use and shortest energy payback time of any current photovoltaic technology.
Thin film solar is light weight at 7–10 ounces per square foot. Thin film solar panels last 10–20 years [23] but have a quicker ROI than traditional solar panels, the metal roofs last 40–70 years before replacement compared to 12–20 years for an asphalt shingle roof. [24] [25]
However, these systems are not directly comparable because solar power is a renewable resource with basically no operating cost, while natural gas is neither. Operating costs for home fuel cells can be as low as 6.0¢ per kWh based on $1.20 per therm for natural gas, assuming full electrical and heat load utilization.
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