Solar Panels: Cost and Savings Guide (2018)

Solar Panels: Cost and Savings Guide (2018)

Have you been wondering how much it’ll cost you to install solar panels on your business or home in 2018? The easiest way to calculate the total cost is to look at the price per watt, which is consistent around the US. Read more here https://powersolarphoenix.com/how-much-do-solar-panels-cost/

Knowing the average cost per watt is really helpful. The average solar energy system size in the United States is 5 kilowatts. Based on the average price of $3.16 per watt, a 5 kilowatt system will cost $11,060 after your federal solar tax credits have been deducted. A 6 kw solar system will $13,500, a 8 kw solar system will cost $17,500 and a 10kw solar system will cost $22,500. And again, these prices reflect the cost after you’ve received your federal tax credit.

In our video, we’ll break down what that means in dollars and cents.

As you begin to explore solar offers for your home, you might notice steep variations in pricing, there are a couple of reasons for this. First, there’s the cost of the equipment, not all solar panels are created equal. More efficient equipment will come with a higher price tag. While the equipment cost tends to take up the largest part of the solar system quote, labor and permits also carry considerable costs. Normally, you will also have to pay a fee to connect your solar system to the grid.

Federal Tax credits will end up reducing the cost of solar panels by about 30%. In some states, local governments and utilities also offer tax incentives and rebates, reducing the cost even more.

Your average savings will vary based upon your city. But, don’t worry, we break that down for you in the video, too.

Just like any other large purchase, take your time shopping around for installation costs. Use an installer network such as the Solar Marketplace. There, you’ll find free quotes from local installers once you register your property.

If you live in Arizona, Florida, or Texas, Alternative Energy, LLC can help. We’ll save you a ton of money on your residential or commercial solar panels. Give us a call today at (480) 744-1803 for a free quote.

If you’d like to learn more, check out the link below:

https://powersolarphoenix.com/solar-panel-installation-phoenix/

Be sure to check out our other video: How much do solar panels cost in Arizona? https://www.youtube.com/watch?v=AV9_YppM-2k

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