In the last few years, the prices of solar panels offered by different companies have reduced substantially. A lot of the credit goes to the efficiency of the final product and also the manufacturing process.
It is a good idea to invest in a solar panel by buying it. It might look a bit costly, but if you compute the overall savings are a few years, you will realize the worth.
You can also raise the value of your home with these panels. If you have doubt, you can the recent study from Lawrence Berkley National Laboratory.
There is also an option to lease panels, in which you have to pay a monthly fee. As the leasing companies don’t use top grade panels, this option can be avoided.
Power Purchase Agreement (or PPA) option requires you to pay by the kilowatt-hour usage of the solar energy.
There’s another option called community solar in which you can energy from the panels present on the solar farm. Weigh in these benefits of each before making the final decision.
We, at Promsun, are one of the most trusted solar installer and provider. For commercial solar panels, too, you can connect with us.