Science vs Technology. When you hear the term science, it is typically associated with the term technology ââ especially when the two are talked about as subjects in school. Although these two terms are often interchanged, there is actually a sparse difference between the two.
Solar companies can typically get a single solar panel at a price of $0.75 per watt. Therefore, if the solar panel output is 250 watts, that single panel might cost you $187.50. However, if a homeowner is trying to buy one or two panels on their own for a small DIY project, they will likely pay closer to $1 per watt.
Researchers developing the technology say that it could lead to solar panels that cost just 10 to 20 cents per watt. Solar panels now typically cost about 75 cents a watt, and the U.S. Department of Energy says 50 cents per watt will allow solar power to compete with fossil fuel. In the past, solar researchers have been divided into two camps in their pursuit of cheaper solar power.