Solar,Panel,Pricing,Outlook,Fo business, insurance Solar Panel Pricing Outlook
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Forconsumers seeking to save energy dollars by installing a solar energysystem in their homes, prices in the solar market are sunny sideup. Costs have fallen in the solar market for both raw materialsand the finished product. Probablythe greatest challenge facing the consumer is financing. Restrictedlending practices have hurt sales due to the fact the budgets of mostconsumers are unable to afford solar systems including solarinverterwithout obtaining outside financing. Investorsare challenged as well. Due to the tight credit and the fear of acontinued recession, various stocks in the solar market have takenupwards of a 50% hit over the past year for the prominent companies,and 60% for solar companies offering less dominant stock. Newopportunities may be dawning, however, as indicators seem to point toloosening credit restrictions for solar projects as globalgovernments seek to stimulate the industry. Supplyand demand plays a large part in the solar market. A seasonal dip insales serves to create a stockpile of panels, which then help tolower prices for consumers. In addition, technology is rapidlychanging regarding the manufacturing of newer forms of solar panels;forcing retailers to accept reduced profit margins in an effort tofind consumers willing to purchase the discontinued models. Thisserves to offer consumers on a tight budget a greater selection ofproducts like a solarinverter. Reducedprices also have an effect on a companys ability to compete andstay in business. When prices are drastically cut to attractconsumers, larger companies with decent financial stability stand abetter chance of weathering the downturn than do smaller companiesjust entering the solar market. Thus, large established Germancompanies have less to fear than do younger Chinese companies. Currentlylarge European banks are beginning to fund the installation of bothrooftop and ground installations in Germany, Europes largest solarmarket. Expectations seem to indicate the rest of Europe will beginto follow suit in the months to come, due to the lifting ofrestrictions on investment capital. Those seeking to invest in thecurrent solar market would do well to look for companies withconnections in Germanys market especially those who manufacturesolarinverter. Inthe United States, Congress has offered incentives to encourageAmericans in upgrading to solar. Buyers are offered a 30% refund ontheir federal tax return on the new installations value. Stateincentives may also apply. As an example of how this can benefit thebuyer - for each $100 spent on a solar system in North Carolina, thefinal cost will only be $35 (30% federal refund - $30 + 35% statecredit - $35). There is presently no cap on the federal incentivesand only one stipulation; in order to qualify, the project must becompleted before 2017. Congress has set aside $6 billion toguarantee loans in order to encourage banks to offer loans toconsumers to finance renewable projects.Formore information regarding:solarinverter,solarpower inverter,buysolar;please visit: http://www.solarwholesaleproducts.com
Solar,Panel,Pricing,Outlook,Fo