The biggest cloud hanging over the solar industry, the high cost of panels, is finally lifting

Solar panel, roof that can absorb sun energy, has been invented these few years. It is an environmental friendly and green product that can save, protect the world. The cost to produce it is high, which is the reason for its expensive sales. Because of the high price, an issue has been created: not many consumers are willing to purchase it.

However, the issue of solar industry seems to slowly disappear.  Consumers start to realize that solar panels can save their money in long term. “In all, he pays $60 to $100 a month for power; he used to pay $90 to $120,” according to customer Johnson. Consumers’ behaviors can be affected socially and globally, which means that more people will buy solar panels.

The spending of solar panels will slowly be recovered by how much money that is saved in the future and this is the strategy of the solar industry. It considers the long term effect to the customers.

Long term investment

 

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