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 ...

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 ...