SailNet Community - View Single Post - An eye opener for installing solar panels!
View Single Post
  #8  
Old 08-31-2012
nickmerc's Avatar
nickmerc nickmerc is offline
Senior Member
 
Join Date: Nov 2008
Location: O'Fallon, MO
Posts: 563
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 7
nickmerc is on a distinguished road
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.
Reply With Quote Share with Facebook