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2. System Size and Capacity The size of the system directly impacts the price. Larger systems that can support more electricity usage will incur higher costs due to the additional panels and batteries required. A typical residential system may range from 1 kW to 10 kW, with larger set-ups estimated to cost between $15,000 and $30,000.
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Moreover, solar power offers energy independence. By investing in solar technology, individuals and communities can reduce their dependence on imported fuels and fluctuating energy prices. This independence not only enhances energy security but also empowers consumers to control their energy production and consumption. In rural areas, where access to a centralized power grid may be limited, solar energy can provide an essential source of power, enabling economic growth and improving quality of life.
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