Many Americans are looking for ways to reduce their rising energy costs. Solar energy is starting to become a popular alternative for many Americans. In this post, we are going to discuss solar panel cost, which to many people could mean different things. People may ask, “How much does a solar panel cost,” or “How many solar panels will I need to power my house?”
The first question is something you should ask yourself directly related to actual solar panel cost. This could be tricky because it depends on whether you want to buy prefabricated solar panels or design your own. Prefabricated solar panels can cost around $900 for a single panel. However, you can also build your own solar panel for around $200.
The second question of solar panel cost is, “How much will it cost for enough solar panels to power my house?” This will for vary every home and could depend on several different factors. A solar panel system designed for your home could range between $15,000 and $50,000 depending on square footage. However, its best to get a solar panel cost quote to have an idea prior to purchase. A professional can help you calculate how much it will cost you to install your solar power system.
Also, you need to know how much electricity your house uses. To figure this out, first look at your last three electricity bills to determine the total kilowatt hours you used. Next, divide the total combined kilowatt hours used by 3 to get an average of your usage. Then you’ll need to divide that number by the average number of hours of sunlight that your home receives. To be safe, its best to use the number of hours of sunlight on the day with the shortest amount of daylight. Now you will know how much electricity you need to generate for each hour of daylight for your home. If this seems a little complicated you can always call a solar panel installation professional to give you a free solar panel cost estimate. They will do all the calculations and help you determine what is best for your home.
In addition, there are many tax credits, rebates and incentives available on the federal, state, and local level that can reduce your solar panel cost tremendously. Many of these tax incentives could save you up to half the cost of your solar power system. Check your city and state government websites to see what kind of incentives are available in your local area. Nevertheless, the upfront costs are always the biggest drawback to solar power. However, with tax breaks and other incentives you can reduce those initial costs and get those energy savings that you have been desperately seeking.
Call 844-891-1558 and get your solar panel installation estimate.