SailNet Community - View Single Post - An eye opener for installing solar panels!
View Single Post
post #8 of Old 08-31-2012
Senior Member
nickmerc's Avatar
Join Date: Nov 2008
Location: O'Fallon, MO
Posts: 564
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 9
Re: An eye opener for installing solar panels!

Take advantage of the low price of solar panels. They are driven by the need to reduce inventory. Once the inventories get back in check the prices will go back up. The solar industry took a huge hit when Chinese manufacturers flooded the market with materials right before the European economy tanked and all of the subsidies dried up. All of a sudden you had a huge supply and no customers. Soon afterwards the prices dropped drastically. Prices you are seeing now do not reflect manufactuing costs with the currently available technology.
nickmerc is offline  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome