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Falling Solar Panel Prices

Over the past 5 years, prices on solar PV panels have plunged dramatically. Because solar panels make up such a large part of the overall cost, solar energy system prices have dropped to about half of what they were 5 years ago. 

Even if you looked at solar recently, but did not find the economics to be attractive, it’s time to take another look. ROI on agricultural solar photovoltaic (PV) cell systems has never been as good as it is right now. This offers important advantages beyond just lower prices:

  • Faster payoff. Your system can be fully paid off in as little as 1-5 years instead of 10 or more years.
  • Favorable financing. Shorter loan terms reduce exposure for banks, which can mean lower interest rates.
  • Future proofing. CalCom Solar’s expertise in Ag enables us to design solar energy systems that deliver maximum ROI today and expand easily to meet tomorrow’s needs.

 

Calcom Solar, Contractors  Solar Energy, Visalia, CA

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