First Solar Panels Cost

First solar panel.

First solar panels cost.

Arizona based first solar was the first solar panel manufacturer in the world to achieve production costs as low as per watt. The cost of solar panels to power your house are 4 to 10 per square foot. Standard solar panels cost anywhere from 70 cents to 1 20 per watt depending on their output quality and where they are manufactured. Today a solar panel can cost as little as 0 50 a watt.

Below are cost estimates based on home size. According to bloomberg new energy finance bnef the standard solar panel cost 0 37 per watt at the end of 2017. In 1956 solar panels cost roughly 300 per watt. Since the year 1980 solar panel prices have dropped by at least 10 percent every single year.

By 1975 that figure had dropped to just over 100 a watt. First solar pv panels have been reported as setting the world record for solar panel efficiency recently with their cadmium telluride cdte thin film solar panels achieving efficiency levels of 17 3. First solar s series 6 pv module sets a new industry benchmark for reliability design and environmental performance while generating more energy per module than competing technologies.