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Solar power works by converting sunlight into electricity through the photovoltaic (PV) effect. The PV effect is when photons from the sun’s rays knock electrons from their atomic orbit and channel them into an electrical current.

For an average home system that may require multiple panels, the overall installation cost can range from $10,000 to $30,000 or more. This total typically includes not only the panels but also installation labor, permits, and additional hardware. However, prices can differ based on geographical location, as some states or countries may offer incentives or rebates that reduce initial costs significantly.

Considerations When Choosing a Portable Solar Charger

4. Installation The cost of installation can vary based on location, labor costs, and the complexity of the solar panel system. In regions where solar power is more popular, installation costs may be lower due to greater competition among service providers.