Global demand for renewable energy has created unprecedented interest in new panels, inverters, racking systems, and all of the other components that go into a successful solar photovoltaic (PV) installation.
Consequently, panel prices have plummeted by 80% in the past 5 years alone.
Never before has solar been so affordable – and so accessible.
But – this demand is not uniform. And prices are not consistently lower across the board. There are still fluctuations here and there as regional players create spikes in solar development.
Japan is a prime example.
In recent months, the island nation has invested heavily in its solar market in an attempt to phase out nuclear dependence in the wake of Japan’s Fukushima disaster.
The end result is that solar panel prices right here in San Diego occasionally go up. In addition, certain solar components are periodically harder to come by.
Shortages and price hikes are relatively rare, but they happen frequently enough that San Diego homeowners in businesses should take note.
After all, what happens if you invest weeks applying for solar permits, securing financing, and calculating your payback period – only to discover that the panels you originally ordered aren’t in stock any more?
- Do you have to start all over and calculate new payback periods?
- Do you have to reapply for financing based on the updated numbers?
- With these new numbers, does a solar lease make more sense than an outright purchase?
These are the types of considerations that many families and businesses in San Diego must address whenever solar panel availability and pricing remain uncertain.
How Sunline Energy Ensures Stability in San Diego’s Solar Market
This allows us to stockpile the equipment we need – for months in advance. Global fluctuations in access and pricing don’t affect our immediate customers.
And with a backlog of these high performance components, we’re able to offer consistency in pricing and availability for customers who approach us 2, 4, or even 6 months from now.
Our goal is to bring stability to San Diego’s solar market, so that residents and businesses have transparent access and affordable pricing – whenever they decide to go solar.
If you’re ready to begin exploring your solar options and what to keep costs down and ROIs up, contact Sunline Energy today for a free consultation.