The installation costs of bifacial solar panels are generally higher than those of traditional single-sided solar panels, but the difference can vary depending on several factors such as panel type, mounting system, and project scale.
- Cost Range for Bifacial Panels:
Bifacial solar panel installation typically ranges from about $6,000 to $12,000 for a set of 10 panels, with an average price around $8,000. This cost may go as low as $5,000 if installing simpler mounting around the home edge or up to $14,000 for more advanced, sun-tracking mounting systems that maximize energy capture. - Comparison to Traditional Panels:
Traditional solar panel systems commonly cost between $2 and $3 per watt installed, equating to roughly $25,000 to $50,000 for a typical residential system (size not specified but usually larger than 10 panels). While this absolute number is higher due to system size, per panel bifacial installations are somewhat costlier mainly because bifacial panels themselves tend to be more advanced and can be frameless or monocrystalline, increasing the unit price. - Reasons for Cost Differences:
- Bifacial panels often use monocrystalline cells, which are more expensive than polycrystalline cells typically found in cheaper traditional panels.
- The need for specialized mounting that allows light to reach both sides can add to installation complexity and cost, especially with solar trackers.
- However, because bifacial panels produce roughly 50% more energy due to capturing sunlight on both sides, fewer panels may be needed to reach the same power capacity, which can partially offset the higher upfront installation costs.
In summary, bifacial solar panel installations tend to cost more than traditional ones on a per-panel basis, but their higher efficiency and energy yield can make them cost-effective over time despite the larger initial investment. The actual cost difference depends heavily on the panel type, mounting system, and project configuration.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/how-do-the-installation-costs-of-bifacial-solar-panels-compare-to-traditional-ones/
