Last update 12:04 | 15/03/2019 – vietnamnet
VietNamNet Bridge – Luc Van Tan, a HCM City resident, is considering installing solar power panels on his 35sq.m rooftop to save on electricity bills.
|Solar power panels are installed on the rooftops of households in Hanoi. — VNA/VNS Photo|
But the initial investment for the panels has made Tan think twice.
It costs between VND25 million (US$1,070) and VND30 million ($1,280) for each 10sq.m panel. That means Tan would have to spend about VND90 million ($3,840).
In spite of the long-term profits solar power brings, many families hesitate to install the panels due to the cost.