Start Your DIY Solar Panel Business at Home - Minimal Investment - Maximum Returns
Over 4 million solar units were sold in 2007 and this was in a market where solar panels are expensive.
If you look at the trend recently the interest in solar energy is increasing and the search volume for cheap solar panels in Google alone is on the rise with over 25 thousand searches per month for that term alone and over 24 millions searches for anything related to solar per month.
Being able to produce cheap panels of a good quality is a market that is untapped and growing by the day.
How to Get Started In order to tap into this market, you will need to know how to build panels.
This is extremely easy to do and with the excellent step by step instruction manuals you can build top quality commercial panels for a fraction of the price of prefabricated ones.
You don't need to have extensive DIY experience.
The instruction manuals come with comprehensive lists of components as well as tax rebate forms to give your clients.
You will reduce your costs even further by sourcing components online.
Although most of the components are available at any good hardware store, you will find that solar cells, in particular, can be purchased 'broken' or reclaimed for a fraction of the price and they work just as well.
Marketing Your Business It is very easy to market your solar panels to a hungry and growing client base.
Start by promoting them to your family and friends and neighbours.
Where possible ask to put up a sign on the gate of properties where you have solar panels installed.
Advertise in your local classifieds and remember to include information on tax rebates as well as maintenance plans.
How Much Can You Make? Building your own solar panels should set you back no more than $180 for an 80watt panel.
The same panel purchased would set you back around $450.
With a mark up of 100%, you will still be able to sell your panels for almost $100 less than the going price.
You can increase your profit margin over time with good component resourcing and working alone, you can comfortably produce up to 6 panels over a weekend.
Starting on a part time basis, this can still be a very lucrative second income.
If you look at the trend recently the interest in solar energy is increasing and the search volume for cheap solar panels in Google alone is on the rise with over 25 thousand searches per month for that term alone and over 24 millions searches for anything related to solar per month.
Being able to produce cheap panels of a good quality is a market that is untapped and growing by the day.
How to Get Started In order to tap into this market, you will need to know how to build panels.
This is extremely easy to do and with the excellent step by step instruction manuals you can build top quality commercial panels for a fraction of the price of prefabricated ones.
You don't need to have extensive DIY experience.
The instruction manuals come with comprehensive lists of components as well as tax rebate forms to give your clients.
You will reduce your costs even further by sourcing components online.
Although most of the components are available at any good hardware store, you will find that solar cells, in particular, can be purchased 'broken' or reclaimed for a fraction of the price and they work just as well.
Marketing Your Business It is very easy to market your solar panels to a hungry and growing client base.
Start by promoting them to your family and friends and neighbours.
Where possible ask to put up a sign on the gate of properties where you have solar panels installed.
Advertise in your local classifieds and remember to include information on tax rebates as well as maintenance plans.
How Much Can You Make? Building your own solar panels should set you back no more than $180 for an 80watt panel.
The same panel purchased would set you back around $450.
With a mark up of 100%, you will still be able to sell your panels for almost $100 less than the going price.
You can increase your profit margin over time with good component resourcing and working alone, you can comfortably produce up to 6 panels over a weekend.
Starting on a part time basis, this can still be a very lucrative second income.