BUY SOLAR NOW AND SAVE

Why an economic recovery will increase solar panels installation costs; As the green shoots of recovery show worldwide, what does this mean for the solar panels industry?
Stuart Lovatt, November 12, 2009 (PR-Inside)

"…Over the last 5 years we have seen solar manufacturing and installations costs increase, due to rising cost of energy for manufacture, resources, materials and manufacturing costs generally is rising globally. It’s likely that solar panels will never be cheaper than they are now as future solar panels will be made of inputs {energy + materials} that will cost far more over the coming years…

"The irony of this situation is enormous. We are seeing a huge demand globally for this type of technology but as we use more natural resources, we push up the price further and as demand increases; this causes shortages as we are seeing in Germany at the moment, therefore pushing the price up even further. Think of children’s must have Christmas toys and you will get the jist…"

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"…I remember speaking to potential solar customer years ago when solar was still an environmental product and people used to say, ‘I will wait until prices come down when everyone else gets solar panels,’ but no one envisaged the energy problems which we are beginning to see now and those who didn’t install then are regretting it now, paying far more for their solar installation than they would have done originally. This trend will continue and worsen as economic recovery arrives. Demand for energy globally, from countries such as China, India and Russia will push up already high energy prices further…"

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"We are seeing energy pricing at the moment being kept artificially low because of the recession, so without doubt as our economies recover, demand will rise and costs will rise, not only in the solar panels industry but all industries…

"…[There is] a massive increase in enquiries for solar panels due to the recent high energy prices and people are now realising that the further we go down the chronological timescale the worse the situation will get, so if you are contemplating installing solar panels, today is the best of times…[Y]our neighbours will pay far more for their system tomorrow…"