How Much Does Solar Energy Cost? A Guide

How Much Does Solar Energy Cost? A Guide

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Solar energy becomes a more popular energy alternative every year. As concerns for climate change and fossil fuels grow, so does solar.

The United States has nearly a million and a half solar panels across the country. These panels help to offset carbon monoxide from traditional energy sources, like electricity and oil.

But solar installation comes with a cost. In this article, we will answer the question, "how much does solar energy cost?" We will also explore some of the best reasons to install solar on your own home.

Why Go Solar?

There are several reasons why you may be considering the switch to solar.

If green energy is important to you, switching to solar is a great step to take. Solar energy is one of the few sources of green energy. Panels simply absorb sunlight and store it for use within your home.

Solar energy price is another attractive benefit to solar energy. The cost upfront can be a staggering investment. But the long-term cost decrease is well worth that investment.

Tax breaks are another great reason to install solar. Those that install solar panels in the United States are eligible for tax breaks. Which can save you a bundle of money in the long run.

How Much Does Solar Energy Cost?

There is no short answer to the question "how much does solar energy cost?"

There are a number of factors that go into the overall cost of solar energy. Panels and panel installation govern the majority of costs, as do any state rebates, tax credits, and kilowatt size.

Cost can range anywhere from five thousand dollars up to seventy thousand. With tax credits and rebate programs, these costs can be significantly reduced.

Switching to solar does help to decrease utility bills. Solar users can generally expect to see savings of one thousand to twelve hundred dollars on utility bills each year.

Depending on the size of your solar installation, your panels will start paying for themselves in five to twelve years.

Investing in solar does not reap immediate monetary rewards, but the long-term return can be well worth it.

Steps to Get Started

There are several ways you can get started.

Solar panel calculators are readily available online. This can help you calculate your projected costs to get a sense of your solar investment.

There are also state-specific details available online. Most states offer some kind of rebate or benefit for installing solar. Vendor websites like offer state-specific installation information.

Vendor websites are great to gather information. You can also contact these vendors to get more details on pricing, financing, and installation.

The Latest on Solar Energy Trends

Now that you have a general idea of how much does solar energy cost, you are ready to make your decision. Utilize the resources we outlined in this article to begin researching for yourself.

Looking for more information on solar energy? Check out our website. We feature a variety of articles covering solar energy, installation, and much more.

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