Besides solar panels, there are other components like solar inverters that are critical for both consumers and businesses. Particularly, if you are a solar installer, adding solar inverters to your inventory.
How much solar energy does Bosnia have?
The average intensity of solar radiation in Bosnia is approximately 1,500 kWh/m2 annually. 12 The national average for kWh per kWp installed in Bosnia annually typically ranges from 1,400 to 1,600 kWh/kWp. 3 According to the data from December 2023, the average price of electricity for households in Bosnia and Herzegovina is $0.096 per kWh.
What is a microinverter solar system?
Microinverters are high-performance inverters for complex solar systems. Typically, microinverters are “distributed” inverters. Solar PV systems with microinverters have a small inverter installed for each individual solar panel.
According to the data from December 2023, the average price of electricity for households in Bosnia and Herzegovina is $0.096 per kWh. This includes all components of the electricity bill such as the cost of power, distribution and taxes. For businesses, the average electricity price in Bosnia and Herzegovina is $0.109 per kWh. 4
Why does Bosnia & Herzegovina have a high energy expenditure?
Bosnia and Herzegovina's energy sector has endured significant loss due to the low energy efficiency standards in the past. This was the case with both residential and commercial buildings, which resulted in the country's high energy expenditure.