In the USA, a number of factors can result in a high initial cost for solar panels. Even though the panels themselves are now more reasonably priced, the initial investment is still accompanied by other costs:
System components: In addition to the panels, a full setup requires inverters, racking systems, wiring, and sometimes batteries, which raises the price.
Installation labor: Expert specialists are needed for a secure and appropriate installation, which raises the cost overall.
Soft costs: Unexpected expenses may arise from licenses, inspections, and other administrative procedures.
Limited incentives: Although federal tax credits are helpful, many states provide less of an incentive than other nations, which raises the cost of homeownership....Know More