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Conclusion

3. Economic Conditions Global supply chain issues, tariffs, and trade policies can impact manufacturing costs, which, in turn, affect retail pricing. For instance, changes in silicon prices—a primary raw material for solar panels—can lead to fluctuations in final prices.

Technological advancements are also increasing the efficiency of solar panels through adjustable mounts and tracking systems. Sun-tracking systems, which automatically follow the sun's trajectory throughout the day, can enhance energy capture by 25-35% compared to fixed systems. Although more expensive upfront, these systems can provide considerable long-term savings on energy costs.

Many panel manufacturers also build panels containing both mono and polycrystalline wafers to form solar cells, capable of harvesting energy from a wider spectrum of light.

Moreover, solar panel roofs can significantly reduce a building's carbon footprint. By utilizing clean, renewable energy, homeowners can substantially decrease their greenhouse gas emissions. In cities where air quality is increasingly a concern, adopting solar panel roofs can contribute to cleaner air and a healthier environment.