While solar inverters are generally expensive, it is essential to know exactly what you’re paying for. You can easily find this information by reading reviews and checking online price lists. In addition, if you’re new to the field of green energy, it is important to learn how to determine the correct solar inverter price before making a purchase. In this article, we’ll explain how solar inverters work, the features you should look for, and the factors to consider when purchasing a new solar inverter.
Inverters are available in different price ranges, from the cheapest ones to the most expensive ones. If you want to save money, choose an inverter that includes an inbuilt solar charge controller, which allows you to use both solar and grid power. The starting range is from around Rs. 3,500 to Rs. 9500. Solar inverters can be used for many different purposes, from charging an air conditioner to supplying power to a deep freezer.
The cost of solar inverters can quickly add up, with some models costing as low as $0.09 per watt. The National Renewable Energy Lab conducts cost comparisons of the solar industry every year, and inverters account for about 9% of total costs. A typical 5kW inverter will cost you between $1,500 and $2,100, and a three-phase inverter will add an additional $400 to the price.