del0niks
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.
del0niks t1_iscexl1 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
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.