Solar panels are a hot commodity now, and for good reason. They allow the average homeowner to use the energy of the sun to power their house and reduce their footprint on the environment and their electrical bill. Millions of people around the world have gone solar, and there seems to be more joining the list by the minute.
You’ve been hearing about solar panels for a while now, and you’ve finally been convinced to give it a try. However, before you officially take the leap, you need to know how much do solar panels cost. After all, the last thing you want to do is go broke trying to go solar.
Luckily, this article has the answers you need. Read on to find out all there is to know about the price of solar panel installation!
So, How Much Do Solar Panels Cost?
The actual price for solar panels isn’t a one-size-fits-all scenario. Multiple factors contribute to the overall price, and each homeowner can expect to pay a price unique to their needs.
The main things that can affect the price point are travel distance, the number of panels installed, the price of solar panels, and any local incentives. With that said, the average homeowner like yourself can expect to pay around $10,000 to $30,000 for an installation.
Here’s a bit of a breakdown of what you’ll want to keep in mind.
Travel Distance
The distance that your contractor has to travel is one of the biggest factors in your installation price. In this case, it’s always better to opt for a local contractor instead of a long-distance one, as you’ll be shelling out thousands of extra dollars to get the same job done.
Local contractors also know the lay of the land better and can install your panels based on your personal needs instead of simply going by the book.
The Price and Amount of Panels
Of course, you have to pay for the individual panels themselves when you get them installed. There are three main types: monocrystalline, polycrystalline, and thin-film. Each has its advantages and disadvantages, as well as price points.
How many you get will also factor into the cost. No matter which type you want, you can expect to pay more for each additional unit.
Local Incentives
There are plenty of incentives that can help reduce the price of installing solar panels. Many local and state government policies offer grants and other perks to homeowners who make the solar switch, and certain companies will offer their own discounts. This could shave thousands off of your overall price, so make sure to inquire about more information from your potential contractor or local office.
Still feeling like you need a bit more info? You’ll want to read about solar installation to ensure you know everything there is to the process before you sign the dotted line. It’s time to put solar energy in your future!
Get Solar Panels for Your Home
Several things go into knowing how much do solar panels cost, but now that you know the breakdown you can begin installing solar panels on your home with ease. Make sure to take a look around the rest of our site to learn more ways you can get the most out of your lif
