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What is a Grid-Tied Inverter?

Another factor influencing solar panel prices is the technology used in their production. For instance, monocrystalline panels, known for their high efficiency and sleek designs, tend to be more expensive than polycrystalline panels, which are generally less efficient but come at a more affordable price. The choice between these technologies can significantly impact the overall cost of a solar installation.

Apart from the physical dimensions, one should also consider the efficiency rating of the panel. Higher efficiency panels may have slightly different dimensions owing to their advanced technology but can yield better performance in limited space.