Cost of Installing Solar Panels

Cost of Installing Solar Panels

Would you like to have your own electricity?

Want to stop worrying about inflation rates of your Electricity Company, who always raise prices whenever they want?
Did you know that rates have increased by about 6% per year in California, for example?

And will continue to grow, and grow... unless you do something about it!

By installing a solar power system you can SAVE MONEY, breaking free from the clutches of the power utility and even HELP the environment.

Cost or Price of Solar Energy


Twenty years ago the cost of solar energy was seven times greater than the current price. The advancement of technology contributes to the large fall in prices of solar energy, but this is due to increased volume of manufacturing equipment, and there are more and more people aware of the advantages of solar energy.
But there's more good news!

The cost of solar energy will continue to drop as the market grows, making it more accessible. Governments must begin to realize the advantages of solar energy. Incentives are available for states, local and federal governments, as well as some of Electricity Companies.

Another benefit of solar energy is that you will be paid by the energy you produce in excess, through a system called 'measurement network' (net-metering).
NOW is the best time to enjoy all these incentives!

So how much does solar energy costs? What's the price?

It varies. Depending on the size of your home, the amount of electricity it consumes, the solar power system you choose, the amount of sun that you get in your area and funding provided by the Government to indicate that only a few variants.

Only a rough assessment, depending on the conditions described above, a solar energy system can cost you between $2,000 and $4,000. A photovoltaic system will cost you between $8,000 and $10,000 for a 1KW output (or $8 - $10/Watt). An average American family, living in a three-bedroom house will need a 1.5 system - 3KW, which will cost between $13,000 and $27,000, before any discounts. Take a couple of examples of a home in California to illustrate how much you could save with all these incentives:

Example 1 of the Price of Solar Energy:

An average family in need of a system of 2.5 KW -

(Cost of electricity bill between $50 and $70 per month)

Cost of solar energy system, including installation - U.S. $22,500

LESS - Government Discount - $7,000 *

LESS - Tax Credit - $1,163 **

You pay only: $14,337

Example 2 the cost of solar energy:

A family needing a 3KW system -

(Cost of electricity bill between $75 and $100 per month)

Cost of solar energy system, including installation - $27,000

LESS - Government Discount - $8,400 *

LESS - Tax Credit - $1,395

You pay only: $17,205

Please note that prices are only estimates and may vary depending on many different factors that should be taken into account for each particular installation.

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