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Solar system costs vary widely but a reasonably sized system will cost about $15k – $30k. The average rate for solar installations per Watt is around $2.91, which varies based on a number of factors, like sunshine, tax rebates, states, etc. Arizona ($2.50) and Florida ($2.69) have the lowest price per watt while Louisiana ($3.22) and Iowa ($3.65) have the highest.
Absolutely. Solar installations will often pay for themselves within 6 to 8 years, while they can last for 25 to 40 years. Solar installations are an excellent investment option. Most solar panel manufacturers offer a 25-year warranty as well as a 25-year production guarantee. You can also choose to finance your solar system with no money out of pocket. Check with your solar consultant for the best solar financing options available in your market.
Yes. Solar is very efficient, and you’ll have no problem powering your house with a decently sized solar installation. You’ll still need to be hooked up to the grid depending on which state you live in, but you can sell any unused or excess energy produced by your solar system to your local energy company under the ‘’NET METERING’’ rule.
Houses with direct access to sunlight are the best candidates. That means houses with large, south-facing roof orientations are best. You may also need to clear any trees that block direct sunlight to optimize panel efficiency. Roof pitch is also a factor. You’ll want a slight slope of 30° for the best results, but even roofs with as small as a 5° pitch will give similar results (within 10% efficiency).
Larger solar installations are obviously more expensive. Not only for the solar panels themselves but for the extra equipment they require. This is especially true if you have a complex roof structure and want multiple panels on different sections of your roof. With larger systems, you might have to pay more in labor costs but you will also be able to pay less in material costs at a bulk rate.
Individual solar panels cost around $250. But that’s only a small part of the total cost of a solar power system. You’ll also have to factor in all the other equipment: like an inverter, electrical panel, mounting racks, etc. It’s not just equipment either. You’ll also have to pay for labor and permits, as well as the various business costs of the installer, like insurance, marketing, etc... Most solar companies will offer their clients a turnkey the solution which already includes and accounts for all costs; materials, engineering, permitting and all other servicing-related costs.
Not all solar installations are created equal. One 10 kW system is not necessarily the same as another 10 kW system. Quality of equipment is one of the most important factors between the efficiency of systems and their corresponding costs.
But there are other factors involved too. Different roof types make installations easier, like asphalt shingles or metal roofing. Tile roofs, on the other hand, require extra work when installing the panels and are more expensive.
Monocrystalline cell solar panels are the best, most efficient solar panels on the market. They’re made with a single crystal of silicon, instead of glued-together fragments like their polycrystalline cell counterparts and are much more efficient.
The quality of Monocrystalline cell solar panels is best judged by the material warranty. Brands like LG, Panasonic, Q-Cells, and Jinko all offer a 25-year warranty, while some of the lesser-known brands may only offer a 10-year warranty.
Ask about the brand of equipment they’ll be installing. Don’t try to cut costs with shoddy equipment when you’ll likely just end up spending more overall on costly repairs and replacements.
Ask about warranties and their conditions. Ask about who you should contact in case of a problem with the system. Ask if their warranties cover your roof. Ask about the process of removing and replacing solar panels in case you need roof repairs.
Ask about their license and insurance. Ask if they’re certified installers. Whenever you spend a lot of money on a home improvement project, you should deal with professionals. This will also protect you against any accidents on your property and damage to your home.
Ask about solar performance. You’ll be installing a system for a certain amount of kW, but the system may not output that much energy. Ask them about a performance guarantee.
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