A solar panel on the roof is only 10 yuan

How much does it cost to install solar panels on a rooftop?

Installing solar panels on a typical 100 square metre (1,076 sq ft) rooftop costs more than 100,000 yuan (US$13,700), and that sees most residents opt to rent their rooftop space to solar panel distributors like Gao. He offers them 25-year contracts that pay 15 yuan per panel a year, plus a first-year incentive payment of 50 yuan a panel.

Are solar panels a good investment in China?

Analysts say technological advances and massive production have made solar panels more affordable – with the payback periods required to recover the funds invested in their acquisition via electricity bill savings much shorter than before – helping to spread the benefits of green energy in China.

What percentage of China's Electricity is solar?

Solar power now makes up 24.8 per cent of China’s total installed electricity capacity, having overtaken wind and hydropower to become the country’s second-largest energy source, China Central Television reported on December 15.

Should solar panels be sold to other provinces?

“Companies are struggling to sell their products to other provinces with weaker solar resources, so selling distributed solar panel projects is their way to survive. “Also, there’s a stronger push towards renewable energy on the policy side, so some of the provinces may feel the need to step up support for rooftop solar panel installations.”