What does an inverter cost?
Imagine Energy tells us that right now inverters cost about $1.00 per watt of solar electric panels you have. So, an inverter for a 3kW system will run you about $3,000. Here’s the good news: these costs are coming down and Jonathan Cohen of Imagine Energy forecasts that prices could be as low as $.50 per watt in ten years, which is the soonest you’d be replacing your inverter.
