3. Factors that affect the solar street light price

Different manufacturers offer solar street lighting products at different prices. This is because several factors affect the solar street light price. Knowing some of these factors will help you make the right choice when buying any product, including the all-in-one solar street light. Here are some price-determining factors you should know;

• The forces of demand and supply

Most of us take the impact of the forces of demand and supply on product prices for granted. Let’s assume you have a project in a country experiencing heightened demand for solar street lights but low supply. Solar street light manufacturers working in an economy with high demand and low supply will likely raise their prices. So, what should you do?


In today’s day and age, overcoming the negative impact of demand and supply is an easy task. With a few clicks of your phone or computer, you can order any product you want from a dependable overseas manufacturer. This raises the question, why should you trust Cmoonlight when you encounter such a predicament?


We also pride ourselves on the ability to produce quality products consistently. The Cmoonlight family offers the most competitive solar street light price globally. More importantly, we have extensive experience in overseas projects, including a solar street light project in Saudi Arabia. 
 

• Price of raw materials

A solar street light’s price is directly related to the raw materials used in its manufacture. If a solar street light manufacturer opts for high-end costly raw materials, their production will rise and, subsequently, their prices. Should you then settle for a manufacturer that uses cheap raw materials?


Cheap often translates to low quality. So, choosing a supplier that uses cheap raw materials is not a wise decision. Buying expensive solar street lights manufactured using quality raw materials guarantees maximum returns on your investment.

 

• Taxation policy

Currently, China is the chief manufacturer and exporter of solar-powered street lights. The country’s taxation policies enable manufacturers to produce and supply their products at relatively low prices. If a country’s a high tax on solar products, manufacturers will raise their solar street light price to offset taxation costs.  

 

• The general state of the solar market economy

A poor overall market economy has a price-increasing effect on any product produced. Buying from a manufacturer in a stable economy guarantees the best prices on solar products, including an all-in-one solar street light. This is one of the reasons Cmoonlight is your best option. We operate within the second-largest economy in the world and, therefore, can offer the best prices you can imagine.

5. Final Thoughts

 It would be best to consider several variables before buying a solar street light. The solar street light price is not one of those variables. Buying the cheapest product in the market is a costly decision in the long run. Do you need advice on the most suitable product for your project? Feel free to contact us. We are eager to guide you and respond to any queries.