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With the increasing application of photovoltaic systems, solar panels are being utilized in various fields. For instance, household solar photovoltaic power generation systems have gained popularity and are widely installed in many homes. Due to the extensive usage of solar panels, many may not have noticed the varying prices of solar photovoltaic panels across different regions and channels. The price of solar panels in the market ranges from just over 1 yuan per watt to over ten yuan per watt, with discrepancies reaching several-fold. Initially, one might be astounded by this phenomenon, but upon careful analysis, the reasons become clear.
1. Prices exceeding 4 yuan per watt are primarily dealer prices. Dealers sell solar panels wholesale from manufacturers. In many areas, due to poor transportation and information access, people are unaware of market conditions and thus procure products directly from local dealers, resulting in significantly higher prices than buying directly from manufacturers. With layers of markup from dealers, prices rise considerably by the time they reach end users. Consequently, the cost of utilizing photovoltaic systems increases, which, to some extent, hampers the development of the photovoltaic industry.
2. The price of solar panels is mainly determined by the cost of solar cells. Based on cost accounting and adding a reasonable profit margin, the price of solar panels falls within the range of 3.0 to 3.3 yuan (with monocrystalline silicon being slightly more expensive). This is currently considered a reasonable price range.
3. If the price is below 2.5 yuan, it can generally be concluded that the product is of inferior quality. The price of solar cells is quite apparent, much like oil prices—market conditions are transparent. Solar panels priced below 2.5 yuan are unprofitable, and poor management may even lead to losses. However, there exists a significant amount of low-priced panels in the market. How do they come about?
The raw material for solar panels is solar cells, which come in different grades. The absurdly low-priced panels in the market are typically made from low-power or defective cells. They may look similar to good-quality panels without obvious differences but are largely ineffective at generating electricity. Many issues reported with photovoltaic products stem from this. Some manufacturers resort to using low-efficiency or defective cells to generate profit, luring consumers with low prices. Therefore, when selecting solar panels, consumers must thoroughly verify whether the manufacturer is legitimate and whether the product truly meets the claimed power ratings.
Solar manufacturers specialize in the research, production, and sale of solar LED streetlight products, as well as design and installation services. If you wish to learn more about or purchase solar products, please contact our online customer service.
