One of the most frequently asked questions —
“How much do solar panels cost?”
The total cost of a solar energy system depends on several key factors, including system size, components, and installation conditions.
The total cost of a solar energy system depends on several key factors, including system size, components, and installation conditions.
The choice is based on your average daily or monthly kWh consumption.
Typical private house: 3–10 kW
Small commercial/office: 10–50 kW
Combined/industrial site: from 100 kW+
Monocrystalline panels — typically 17–23% efficiency today and the most effective for commercial use. Service life is about 25–30 years.
Polycrystalline panels — typically 14–17% efficiency, with service life around 20–25 years.
A solar inverter converts the direct current (DC) from panels into alternating current (AC). On-grid (grid-tied), off-grid (stand-alone), and hybrid inverters are available.
Products from top international manufacturers cost more but are more reliable. Suncore Energy uses panels from brands ranked among the world’s top 10 manufacturers.
Installation cost depends on several components: roof type, height and accessibility, and site location. On average it is about 15–20% of total project cost, but may be higher for industrial or large-scale sites. Professional installation ensures long-term, safe operation and compliance with electrical safety standards.
Storage capacity and voltage requirements are critical aspects that must be carefully considered during the design phase. Capacity defines how much energy can be stored, while voltage determines electrical compatibility with the rest of the system.