Below are the most common inverter types used in both grid-tied and off-grid solar systems, along with their price ranges, benefits, and drawbacks.. The cost of a solar inverter varies depending on its type and function. The bi-directional net meter keeps a record of energy exchange: The net meter records the. . Microinverters – Higher in price but offer better efficiency. 3. Hybrid Inverters – Advanced technology for grid-connected and off-grid systems. 4. Central Inverters – Used for large-scale commercial solar power systems. 4. Government Policies & Incentives Many governments are providing subsidies. . The cost of a solar inverter varies depending on its type and function. Best for: Homeowners seeking energy independence, those in remote locations, or. . How Much Does a Grid-Tied Solar System Cost? Below is an overview table representing the average cost of various sizes of grid-tied solar systems. These figures give a snapshot of what one might expect to invest for the hardware part of a solar installation, not accounting for additional costs such. . On grid inverter or grid tie inverter from Inverter.com, can convert direct current into alternating current. Its AC output can synchronize with the frequency and phase of mains supply. On grid inverters are commonly used in applications where direct current voltage sources are connected to the.