LCOE: What is the levelized cost of solar energy?

levelized cost of solar energy lcoe

PLEASE NOTE: While this article uses 20 years as the expected lifetime of solar panels, most warranties on solar panels are for 25-30 years, so in our calculations in other parts of our website, we now use 25 years as the expected lifetime for the purposes of calculating the Levelized Cost of Electricity (LCOE). - ...

Buying solar panels for your home

House with solar panels calculator

There are three different paths to putting solar panels on your roof. You can purchase them outright, you can lease them or you can choose to be a solar utility customer (also known as a power purchasing agreement, or PPA). Each of these three paths has its own advantages and disadvantages. In this article, we'll ...

The smart way to go solar – the Sunmetrix way!

Solar panels for my home

Going solar is gaining in popularity but if you are thinking of making the transition, then you want to go about it in the smartest way possible. Would you buy a car without taking a test drive, or researching your options, consulting reviews and shopping around for the best price? Installing solar panels is a ...

Five common mistakes to avoid when investing in solar energy

sunmetrix solar panel

  A typical solar PV installation has a 20-year lifetime. However, it comes with a hefty price tag and involves many decisions. Nevertheless, it is an investment that can really pay off. Avoiding some of the more common mistakes during your initial research phase can drastically increase the profitability of your solar investment. So here's a quick ...