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Line 35: − · SolarWorld SunModule 260Wp (poly) = $196 per module ® 0.75 $/Wp+ − + − · SolarWorld SunModule 285Wp (mono) = $249 per module ® 0.87 $/Wp
update
Cost is an important consideration when it comes down to the overall energy produced. Including the overall cost of installation, racking system, cables and other BOS (Balance of system), a module which is 4% less efficient but 15% cheaper might be a best option. Let us consider this analogy done by [https://geothermhvac.com/mono-vs-poly-better/ Geotherm HVAC]
Cost is an important consideration when it comes down to the overall energy produced. Including the overall cost of installation, racking system, cables and other BOS (Balance of system), a module which is 4% less efficient but 15% cheaper might be a best option. Let us consider this analogy done by [https://geothermhvac.com/mono-vs-poly-better/ Geotherm HVAC]
* SolarWorld SunModule 260Wp (poly) = $196 per module ® 0.75 $/Wp
* SolarWorld SunModule 285Wp (mono) = $249 per module ® 0.87 $/Wp
To normalize for wattage, multiply $196 times 285W and divide by 260W. Therefore, the adjusted cost difference is '''$215 per panel for poly''' vs. '''$249 per panel for mono'''. The monocrystalline module is 16% more expensive, however it do not produce 16% more energy than polycrystalline module, therefore the levelized cost of energy generated by the PV module will be cheaper with polycrystalline PV modules.
To normalize for wattage, multiply $196 times 285W and divide by 260W. Therefore, the adjusted cost difference is '''$215 per panel for poly''' vs. '''$249 per panel for mono'''. The monocrystalline module is 16% more expensive, however it do not produce 16% more energy than polycrystalline module, therefore the levelized cost of energy generated by the PV module will be cheaper with polycrystalline PV modules.