How much does solar energy cost?

bit.ly How much does solar energy cost? One question I get all the time from people who are thinking about going for solar energy system is, How much does solar energy cost? The cost of solar power for your home will depend on the following variables. • Place of your living • Power your household uses • Buying new solar panels or used • The quantity of sun your property receives • Incentive programs available to you… and so on Depending on the above variables generally a typical solar system will cost between US 5000 and US 5000, before rebates. • A solar hot water system will cost between US ,000 and ,000. • A photovoltaic system will cost between US ,000 and 0000 for a 1kW system. An average American family, living in a 3-bedroom home will require a 1.5 – 3kW system, which will cost between US 5000 and US 5000, before rebates. To figure out the cost of solar energy, take the total number of KWH shown on your electric bill. Divide that amount by 30 to get your daily use average. Next, take your daily average and divide it by the yearly average of full sun hours you get per day. Multiply that number by 1.15. This gives you an estimate of how many watts of solar panel you need to maintain the energy use. Solar Paneling a home is one of the best home improvements because not only does it dramatically save a family on energy bills, but it also increases the value of the home. The cost of the PHOTOVOLTAIC system should not discourage you from investing in solar energy

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