Viewing a single comment thread. View all comments

del0niks t1_isabcnb wrote

Reply to comment by babyyodaisamazing98 in Solar silicon manufacturing about doubling from 2022 into 2023 - predicted to lead to another cycle of oversupply driving solar panel pricing down by ForHidingSquirrels

That's insane. I got 4.8 kW for £4900 (~$5500) in the UK this summer. It was less than a day's work for the installation team to put up on the house roof. Where does the extra ~$28,000 go? Import taxes? Massive profits?

Prices are even lower in Australia and obviously the amount of electricity produced per kW higher than in the UK so even more of an incentive to install.

7

babyyodaisamazing98 t1_isarsxn wrote

Wow if I could get it at that price I would have done it immediately. That would be like a 4 year payoff for me, no brainer.

2

del0niks t1_iscexl1 wrote

Yeah, I really don't understand it. The wholesale price of the kit itself makes up roughly a little over half here, there isn't so much labour involved in putting it up (not much more than half a day for 4 guys) so I don't understand how it could be so expensive. Utility PV prices in the US don't seem to be unusually high.

1