Ikea Gets Into the Solar Panel Business
The equivalent of $9,200 U.S dollars will buy you 18 panels made by China's Hanergy Holding Group Ltd, including in-store consultation, installation and maintenance. The panels are expected to pay for themselves after seven years of energy savings.
"Ikea said it made the decision because solar panels are getting cheaper--from 2008 to 2012, for example, some smaller photovoltaic systems have dropped in price by 80%. Eventually, the Swedish chain plans to expand solar panels for sale globally, but for now it is starting in the U.K. because of government renewable energy subsidies and policies make it easy for consumers to go solar," explains Leber.