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4. Government Incentives In many countries, government incentives and rebates can significantly reduce the overall cost of solar panel installations. These could include tax credits, grants, or feed-in tariffs that make the initial investment more manageable for consumers.


3. Market Demand and Supply Market dynamics play a significant role in determining solar panel prices. As demand for solar energy rises, especially in regions that offer significant incentives for solar installations, the prices can fluctuate based on supply chain factors and raw material costs.


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