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). - ...

Trees and shade: how will they affect my solar panels?

Trees and Shade Solar Panels

Shade from features in the immediate surroundings of your home can greatly affect the level of solar radiation reaching your panels. Trees and buildings, or other landscape features such as hills, can block incoming radiation and cast a shadow, reducing the usable solar radiation. Even a small obstruction, like a leaf, can have a considerable ...

Solar Panels for Home: 8 Easy Steps

Solar Panel Home Sun

Installing solar panels for your home is a big decision, on the scale of buying a new car. It takes careful planning and research. But unlike a car, your solar energy system will not depreciate in value the moment you buy it. Installing solar panels is an investment that keeps giving, for twenty years on ...

What is a solar resource assessment?

solar_panels_hand

For all solar energy investments, from basic roof-top installations to utility-scale photovoltaic systems, the need to accurately determine the solar resource is paramount. The amount and variation of solar radiation at your project site are key factors determining the profitability of your solar investment. Solar irradiance is the “fuel” of all solar energy systems. Determining the ...