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This post is inspired by a recent question (that got removed by mods lol) and the post linked below that detailed living with a solar installation for a month. So here, I would detail my own experience; Detailing the initial cost, how much money it makes a year, when I''d hit breakeven, and the potential return over it''s lifetime.
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These results strongly support the argument that promoting the total solar PV generation in China is cost-effective. The price of supplying such solar ranges from 0.14 CNY/kWh to 0.25 CNY/kWh nationally in the pessimistic scenario, and from 0.12 CNY/kWh to 0.25 CNY/kWh in the optimistic scenario, without considering transmission cost.
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Fig.3: Installed Solar PV Capacity from 2010 to 2017 (Source: idsa ). Through concentrated efforts over the years, China has secured the position of the largest solar …
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In 2021, the installation of centralized solar power stations cost 4.15 yuan ($0.66) per watt, a 4% jump year-on-year, said Wang Bohua, honorary chairman of the China …
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The cost of installing a 5KW solar system varies dramatically, and its amount can be influenced by the prices of equipment, the amount of labor and services on top of the installation.
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