So you want to know about the cost of solar panels.
When people ask how much solar panels cost I think they can usually see the frustrating answer coming from a mile away:
"It depends".
Of course, that answer doesn't actually help you too much. After all, how much closer does it really get you to your goal of learning how much solar power will set you back?
Unfortunately, when it comes to solar panel systems, there is no simple answer to the cost question.
Why is this?
The reason it gets complicated is that there are an incredible number of factors involved that affect your solar price.
Until you take some of these things into account, there is no way you can get a clear idea of solar cost.
So let's take a look at some of the variables that will affect how much you have to pay to go solar:
Grid-tie system or batteries?
Reducing your electric bill or eliminating it?
How much sun do you get?
How much power do you use?
What incentives are available in your area?
What color is your hair?
Alright, that last one was just to see if you were still paying attention.
But you don't want a big list of questions, you want to know about the cost of solar panels, right?
So let's assume we're talking about a batteryless grid-tied system. Before incentives, you're going to be paying about $7 - $9 per installed watt.
That means if you want a 5000 watt system it's going to run you $35000 to $45000. Of course, incentives should get a big chunk of that amount back into your bank account. For instance, a 30% tax credit is offered by the federal government.
There are other ways to save money too, of course, including:
Installing yourself (be careful with this, though, since it could make you ineligible for government incentives)
Getting together with like-minded neighbors and buying panels in bulk
Use the questions on this page to figure out exactly what you're looking to do with your solar panels (e.g. go "off grid" or lower your electric bill). This will give you a start in your solar system pricing mission.
When you've done some research you will be better prepared to talk to the solar power pros in your area. This will give you a more accurate idea of what your system will cost.
