A hybrid solar system combines traditional solar energy generation with storage solutions, typically in the form of batteries. This setup allows users to capture solar energy during the day and store excess power for use in the evening or during cloudy periods. The 5kVA capacity refers to the system's inverter capacity, which dictates how much electricity can be converted from the solar panels for use in the home or business.

3. Additional Equipment Beyond the panels themselves, a complete solar setup includes other essential components such as inverters (which convert the energy generated from DC to AC), batteries (for energy storage), and mounting systems (to secure the panels in place). The type and quality of these components can impact the final price.

4. Incentives and Rebates Government incentives and rebates can also play a significant role in determining the final price of solar panels. Various tax credits, grants, and rebate programs exist in many countries to encourage solar energy adoption. These incentives can reduce the initial purchase price, making it more affordable for homeowners and businesses.