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These mounting systems generally enable retrofitting of solar panels on roofs or as part of the structure of the building (called BIPV). [2] As the relative costs of solar photovoltaic (PV) modules has dropped, [3] the costs of the racks have become more important and for small PV systems can be the most expensive material cost. [4]
The solar cell technology is still evolving and improving, and costs are being reduced fast. The balance of systems consists mostly of items which are not specific to solar technology. As an example, the mounting structures are quite usual and the technology may already be mature, benefitting little from further innovation and research. [3]
In the mid-2000s, solar companies used various financing plans for customers such as leases and power purchase agreements. Customers could pay for their solar panels over a span of years, and get help with payments from credits from net metering programs. As of May 2017, installation of a rooftop solar system costs an average of $20,000.
The CIS Tower in Manchester, England was clad in PV panels at a cost of £5.5 million. It started feeding electricity to the National Grid in November 2005. The headquarters of Apple Inc., in California. The roof is covered with solar panels.
The land area required for a desired power output varies depending on the location, [22] the efficiency of the solar panels, [23] the slope of the site, [24] and the type of mounting used. Fixed tilt solar arrays using typical panels of about 15% efficiency [25] on horizontal sites, need about 1 hectare (2.5 acres)/MW in the tropics and this ...
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