How Much Do Solar Panels Cost

How much does it cost to install a solar panel? This is the first question that people ask when they want a solar panel installation. Budget is important in purchasing a solar panel system since the average cost of a regular house-size solar panel system ranges from $11,144 to $14,696. This can go higher depending on the energy needed to make everything run inside your home. Here are some Q&As on how much do solar panels cost?

How Much Does It Cost To Install Solar Panels?

Low-end solar panels would cost $5,000 while high-priced solar panels can cost $40,000. The cost of a solar panel can vary depending on the following factors:

Materials Used

Solar panels with quality materials cost more as well as branded ones. However, they are guaranteed to last longer and have higher efficiency. That’s why opting for high-quality and branded solar panels would be best.

Labor Cost 

Solar panels should be installed by experts. Solar providers would assign solar technicians to do the job and make sure that everything will be placed properly. 

Solar Panel Components

Apart from the solar panel itself, there are other structures needed such as inverters, batteries, and cables to be able to complete the solar panel system. These components add up to the cost of the entire solar panel system. Without them, the solar panel won’t be able to do its job. 

Checking the solar panel costs by the state will also be a good idea since each state has different costs. Some have higher rates and some have lower rates. Knowing the rate in your area can help you in getting an estimation that is close to the real cost of the solar panel system you will be having. 

How Are Solar Panels Installed?

Step 1: Choosing the solar panel and equipment

You have to be able to choose a solar panel to put in your home. You can visit your solar provider, and they can give you the options. 

Step 2: On-site Visit 

Inspection is done, so they can determine how to install your solar panels and what equipment is needed. The visit will be able to confirm if your home is suitable for solar panel installation. 

Step 3:Paperwork 

There are documents needed to be accomplished for solar panel installation. Most of the paperwork will be done by your installer. All you have to do is provide the information as well as documents they are asking you.  

Step 4: Solar Panel Installation

Installation may take a few days. Solar panels are first mounted on your roof. They will then work on the wiring and connect it to your power system. Next comes the racking that is attached to the roof to support the solar panels. Lastly, inverters are connected to the panels that will convert the solar energy to usable energy. 

Step 5: Attaching to the Grid

Once the solar panel is properly and completely installed. A representative from the electricity company will come to connect your system to the grid. 

How Many Solar Panels Do I Need?

If you want to have 100% solar energy usage, then around 25 to 35 solar panels are needed. To get a more accurate figure, then measuring your energy usage will be necessary. Your solar provider will be very willing to assist you in using devices that can measure the energy needed to power up all your appliances and lights at home. They can give a more accurate estimation than they can do the quotations on how many panels are needed for your home. 

How Much Do Solar Panels Save?

The number one reason why people want to shift to solar energy is to reduce their monthly electricity bills. Switching to solar energy can reduce your bill by up to 75%, given that the solar panel installed is enough to cover most or all of your energy needs. 

Now that you already have an idea of how much do solar panels cost, then you can start to look for an ideal solar provider near your home and ask them for a quotation as well as advice before finalizing your decision to shift to solar energy usage.