Solar panels in UAE are a feasible investment, given the potential for solar in the region, especially in the country. However, with global supply chain disruptions and the rapid pace at which the solar industry is progressing, prices can vary, and there are a number of factors that affect and dictate the price of solar panels in UAE. Today, we’ll be taking a look at these factors and also the best solar company in UAE that has the best solar panels for both residential and commercial applications.

Factors affecting the price of Solar Panels

There are several factors that affect and dictate the price of solar panels. Let’s take a quick look at them and understand how they influence the price of solar panels in UAE.

i. Manufacturer

The primary factor that decides the price of solar panels in UAE is the manufacturer. With Dubai fast growing to become the trade hub for the entire region, it’s no wonder that the UAE’s solar skyline is incredibly competitive and has a lot of manufacturers vying for dominance.

However, there can only be one at the top, and for UAE, that position will command a lot of premium, especially on solar energy equipment like solar panels. For instance, the best solar panel manufacturer, CanadianSolar, has an extensive presence in UAE, thanks to Beacon Energy. Despite their position as one of the best, CanadianSolar panels in UAE are still very competitively priced.

ii. Efficiency

High-efficiency solar panels, like monocrystalline panels and high-output PV modules, will obviously cost more, given their quality and generation potential. The market is flooded with low-quality offerings from a number of manufacturers, whose only vantage point is a low price. However, solar energy is all about efficiency, and in a region as conducive for solar as UAE, efficiency is all that matters. High-quality, high-output solar panels from manufacturers like CanadianSolar in UAE are always in demand, and will certainly command a higher price than low-quality, low-output solar panels.

iii. Consumption

Energy consumption is an important metric in understanding how your costs for solar panels will turn out. For example, it is obvious that for larger consumption numbers and loads, more solar panels will be required, preferably high-output ones. This will drive up the cost, and since a larger demand will require more panels, the overall cost of the solar panels will also increase. While other factors may also play a part, the fact is that consumption is the single biggest factor in determining the price of solar panels for an installation job.

iv. Installation company

Installation costs are usually bundled in with the solar panels; however, many states can allow for installation companies to transfer the cost of installation onto the customer, which may drive the price up for otherwise affordable and nominally priced solar panels. In the case of installation, large-scale solar installations or those involving many solar panels will obviously drive up the cost of the solar panels, and the installation costs including labour charges and any other expenses will be added into the cost, increasing it even more. The price may also vary with the size of the company; typically, what happens is that bigger, more well-established installation or solar companies will charge a lot more than small, boutique setups that focus on smaller projects. Since the bigger companies have better manpower, well-trained personnel and better solar panels to offer, going with them might cost more but will make all the difference in you going solar.