Are on-grid inverters affordable?

On-grid inverters are affordable and help reduce electricity bills. Prices for 1kW to 10kW capacity are provided below, inclusive of all taxes. (Prices can vary ± 10% to 12% depending on location, promotions, and solar brand).

What is an on-grid inverter?

An on-grid inverter, also known as a grid-tie or grid-connected inverter, is generally used with an on-grid solar system. It automatically sends the excess electricity generated by the solar system into the utility grid via a bi-directional meter. The entire export/import process is known as net-metering.

How much does a string inverter cost?

String inverters cost $800 to $2,500 on average. Most homes only require a single inverter, but you could need up to three if you have a larger-than-average residential solar energy system. String inverters work by connecting several solar panels, which send their electricity to a central point where the inverter converts the power.

What is net metering and on-grid inverter?

Net-metering is the entire export/import process for electricity between your solar system and the utility grid. On-grid inverters have the additional functionality of shutting down the solar system in case of a power outage, a safety feature known as Anti Islanding. This is done to prevent any potential danger to line workers who are sent to fix the power grid.

How much does a solar inverter cost?

The cost varies based on type and capacity, ranging from $500 to $10,000+. 2. Which solar inverter is best for home use? Fronius Primo, SMA Sunny Boy, and Enphase IQ 7A are among the best options.

Where should a solar inverter be installed?

Depending on the type, contractors install inverters directly on the backside of the solar panel, on the side of the house, on the roof, or inside a garage. Get free estimates from solar panel installers near you. Factors that affect solar inverter costs include: