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2. Inverter The inverter is responsible for converting the direct current (DC) produced by the solar panels into alternating current (AC), which is used by most household appliances. In hybrid systems, inverters may also manage the flow of energy between the solar panels, the grid, and battery storage.
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In addition to the type of solar panel, the total system cost includes installation fees. Installation is a critical component of a solar power system, and its costs can vary significantly based on location, roof type, and the complexity of the installation. On average, homeowners can expect to pay between $15,000 and $30,000 for a complete solar panel system, including installation. However, various incentives and rebates can offset these costs. Federal tax credits, state incentives, and local utility rebates can reduce the initial investment that homeowners need to make, making solar energy an even more appealing option.
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