How Much Do Solar Panels Cost? Let’s Find Out What You Have to Pay for Having the System Installed
How much do solar panels cost? There is no single answer for that. We must discuss what you want first before we can come up with the price. How big is your house? And how many appliances are you going to use with the system? In conclusion, how many watts of electricity are you going to need for your house? In this article, we are going to see what type of options we have when we want to install solar power for our home.
Actually, you show not ask how much solar panels cost. The panels are only the part of the system. You should ask how much the system cost. That will give you more accurate picture. Still, the cost of solar panels still plays a big role in the total cost sheet. The price depends on many factors including the ease of having the panels installed on your roof top, the panel system rating, the manufacturer, retailer and the installation fee.
The size of the panels is the major indicator of the price you will have to pay. If you are talking about a small single panel, you will not have to pay much. The panel should come with built in inverters. It can produce about 75 watts. That will cost you around $900. This is equivalent to $12 per watt.
However, the above supply only covers a small part of your electricity bills. If you think bigger, you should go for the standard 2 kilowatt system. It meets most of the needs for the home use. That will cost you $16,000 – $20,000 for the total price including the installation cost. This is equivalent to $8-$10 per watt.
If we are talking about the high-end system, we should aim for 5-kilowatt panels. That will completely meet all the sophisticated needs required. It can cost you $30,000-$40,000. That is $6 to $8 per watt.
These are the rough estimations. You will have to take other factors into the calculation including the system configuration, the options of the equipment, and the installer’s fee. The best way is to check with your local contractors and ask them “how much do the solar panels cost?” They will be able to give you the most accurate bid.
If you want to have your solar system set up by yourself with the cost of less than $300, check out Solar Power for Home
If you decide to buy solar panel, you will have to find out who are selling the panels and how you can have the system installed at your house. There are many ways to do that. You can look it up from your telephone directory. Another choice is using internet to find out more. In this article, we are going to discuss how you can find the information.