Do You Know What LCOE Is and Its Importance for Your Photovoltaic System? Astronergy Explains!
When choosing the ideal solar module for a project, many factors need to be considered, such as efficiency, installation cost, and equipment durability. However, one of the most important yet often overlooked criteria is LCOE (Levelized Cost of Energy). This metric helps understand the average cost of the energy produced by a solar system over its lifetime. Understanding LCOE can be crucial for making the best purchasing decision, ensuring not only the quality of the system but also the return on investment (ROI) over time.