Is a solar inverter cost-effective?

The cost of a solar inverter is one of the most important factors in determining whether or not your solar power system will be cost-effective. Luckily, a high-quality solar inverter is now possible at a reasonable price.

How much does a solar inverter cost?

For an average-sized installation, inverters typically range between $1000 and $1500. That cost can go up quickly though as the installation gets bigger. Each year, the National Renewable Energy Lab performs a cost benchmark of the solar industry, looking at average installation costs, inverter and panel costs, and a host of other related topics.

Which solar inverter should I Choose?

The solar inverter you choose will need to be compatible solar system type you are installing: Grid-tied inverters are meant for grid-tied solar systems, the most common system type. They manage a two-way relationship with the grid, exporting solar power to it, and importing utility power from it as required.

Are solar inverters safe?

Inverters are a key feature of a safely operating solar panel system, but correct installation by a professional is a key first step to ensuring a long, safe, and productive life for your system. The type of solar inverter you get installed at your house will be determined by several different factors. This includes, but is not limited to:

What factors affect solar inverter costs?

Factors that affect solar inverter costs include: System size – Your inverter's input-wattage rating should be close to your solar panel system's output rating. U.S. residential solar panel systems typically fall in the 5 kilowatt range. Efficiency – The industry standard for peak efficiency is 97%. More efficient models often cost more.

What is a solar power inverter?

A solar power inverter’s primary purpose is to transform the DC (direct current) electricity generated by solar panels into usable AC (alternating current) electricity for your home. Because of this, you can also think of a solar inverter as a solar “converter.”