The Cost of Solar Power Installation

Sep.16, 2009 in About Solar Power, Costs

Once upon a time it was nearly impossible for the average person to use solar power in their home. Buying the parts and having them installed cost more than most families could hope to afford. It seemed that solar power was only for the rich and famous. Thankfully that is a thing of the past! Modern technology has made many things affordable and available to everyone, including solar power.

What is the cost?

The first thing a person interested in having a solar power system needs to do is determine their energy needs. Look back through your energy bills to see what your average kWh, kilowatts per hour, is. Make a note of the months that you use more energy and the months you use less. This will let you know how much solar power you are going to need to power your home all year long.

Some people have the option to consult with a solar power system contractor to determine your needs. Most small to medium sized homes will only need 1-5 kW of solar power, yet installing a system that can handle more will mean if you choose to extend your system in the future you can do so easily. Some families continue using their traditional utilities services along side solar power. This will keep your bills low and reduce any worry you might have of not being able to meet all of your energy needs.

Calculate the total cost

Here is an easy way you can compute the total cost of solar power: cost of the system plus any building permits, labor, and additional tools. Subtract the Federal Tax Credit and any local and state rebates or credits offered. If you search the you will find a detailed listing of ways you can get money back for going solar.

Many people have reduced the cost even lower by making their own solar power system. Having diy solar panels is a great way to go solar without spending a lot of money. There are many solar power kits available that you can put together for only a few hundred dollars.

Whether you use a diy system or have a professional system installed, using solar power is a sound investment. A one time cost can earn you twenty to thirty years of free solar energy for your home.