Solar Panel Manufacturers Have New Competitors On Their Hands

Aug. 26, 2011 - PRLog -- Los Angeles, CA - An investment of ten to twenty thousand dollars on a professionally installed solar panel system is staring to lose its lustier among many homeowners. With a payback period of 30 years and a warranty period of 25 years, many homeowners are turning away from professional installers and instead investing in DIY home solar panel kits. “These kits are a great way for people to help the environment will actually saving money.” – Owner of http://bestsolarpanelsx.com/

Solar panels are a big business, expanding at a rate of 30% per annum over the last 15 years. As the technology has become more accessible, homeowners have been taking advantage of more affordable installation methods. DIY kits claim that a homeowner with no building experience can build a stand-alone solar panel system for $200, which is a fraction of an installed system. The savings come from the fact that homeowners do not have to pay for professional installers, transportation, and other industry costs. The payback on these systems is typically in the five to ten year range, not counting an increase in home value.

Entrepreneurial individuals are also making these systems and then selling them to other homeowners, turning a significant profit in the process. The availability of these DIY systems is a definite advantage to the homeowner, with the competitive pressure sure to drive down the price of professional systems as well.