As Vietnam increasingly invests in renewable energy, the installation of household solar panels has become a trend drawing the attention of many families. To provide you with an overview of costs and benefits, here is the latest information on the prices of installing a household solar panel in Vietnam.
Household Solar Panel Prices
The cost of installing a solar power system in Vietnam typically varies based on factors such as the usage area, system capacity, geographical location, and the quality of system components. On average, the installation cost for a household solar panel system is around 14,000,000 VND. This estimate is based on a monthly electricity usage of 2,000,000 VND, an installation area of 35m², and the use of 10 panels. The expected annual electricity output is 8,803 kWh.
To estimate the installation cost for solar panels for your household, you can access the link below.
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Individual Solar Panel Prices
The price of a solar panel for a household depends on its capacity and brand. For instance, a LONGi Hi-mo5 2-sided glass panel with a capacity of 535W costs approximately 2,140,000 VND per panel. Typically, a household only needs to install around 7-10 solar panels to comfortably meet daily electricity needs. Therefore, the total cost for installing a household solar power system ranges from 14,000,000 VND to 20,000,000 VND.
Benefits of Installing Household Solar Panels
- Monthly Electricity Cost Savings: Immediate reduction in monthly electricity bills.
- Increased Property Value: Adds value to the property.
- Self-Production and Consumption: Independence from the national grid and self-consumption of solar energy.
- Return on Investment in 3-4 Years: Financial investment recovery in a relatively short period.
- Long Panel Lifespan: Solar panels have a lifespan of up to 30 years.
- Reduced Greenhouse Gas Emissions: Contributes to environmental protection by reducing emissions from traditional energy sources.
- Space-Efficient Systems: Requires minimal space and easily integrates into your home.
- Simple and Cost-Effective Maintenance: Low-maintenance systems.
Who Should Consider Installing Rooftop Solar Panels for Households
The decision to install a household solar power system is significant, given the considerable investment involved. Consider the following groups suggested by Solar SGX that should consider using rooftop solar panels:
1. Families Seeking Electricity Cost Savings:
For those looking to reduce monthly electricity costs and achieve long-term savings, a solar power system is a practical choice.
2. Homes with Adequate Space and Good Sunlight:
Houses with sufficient space for installation and ample daily sunlight will achieve the highest efficiency.
3. Environmentally-Conscious Individuals:
Those concerned about environmental protection and willing to contribute to reducing greenhouse gas emissions should consider installing solar panels.
4. Families Building New Homes or Renovating:
If you are constructing a new home or undergoing renovations, integrating a solar power system from the initial stages can save costs compared to retrofitting later.
5. Financially Capable Families:
Families with the financial capability to invest and accept long-term returns on investment will benefit from this option.
Conclusion
Using household solar panels not only provides immediate benefits but also long-term advantages for you and your family. If you are considering installing a solar power system, contact us today for the best consultation and pricing! Generate clean energy, contribute to environmental protection, and save costs.
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