LONG TERM COST BENEFITS
The cost of solar panels
While the upfront costs of solar panels have dropped by over 70% in the past decade, a comprehensive lifecycle analysis includes several key components: initial purchase and installation ($15,000-$25,000 for an average home system), ongoing maintenance (roughly $300-500 annually), inverter replacement (typically needed once during the system’s lifetime), and eventual decommissioning costs. [pdf]
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