Compared to a power generating set, a solar power solution can cost as much as 4 to 5times the cost of a generator of the same capacity. This is short term as in the long term, the reverse becomes the case and every amount spent can be recovered within the second year. Since an ideal solution has an average lifespan of 6years, you get to count the rest as savings.
In real facts the price of solar energy components are dropping in the global market as many companies are going into manufacturing, supply of various components and also designing and installation of same. This with time will bring the cost of a solar power system and the generator set to equilibrium.
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