Are Solar Panels Expensive To Make

Evaluate your sunlight exposure.

Are solar panels expensive to make.

Solar panels cost 1 77 to 2 20 per watt and a 6 kw solar panel installation for the average home costs from 10 626 to 13 230 after the 30 federal solar tax credit. Solar panels generate their own power and can therefore greatly offset your monthly electricity bill if not. Even ten years ago this study said it takes about 2 years of energy generation to pay back the energy used to make the solar panel. Producing the same amount of energy with fossil fuels ranges from 05 to 17.

While the cost to install solar systems is falling the actual cost of generating power is decreasing as well. A recent report by the u s. How much will i save with solar energy. Soft costs or the outlays that installers spend just trying to find you and appeal to you also contribute a significant percentage.

While the most expensive part of going solar is paying for the equipment it still only represents 25 percent of the overall expense. Solar power systems are very custom based on the home roof type shading and utility. Then it makes energy with no energy cost at all for the rest of its life. If you have offers from some of the big installers in solar make sure you compare those bids with quotes from local installers to ensure you don t overpay for solar.

Installation of panels for the average 5kw system ranges from 11 100 22 400. Review your electric bill. Sometimes referred to as multi crystalline polycrystalline solar energy panels cost less than monocrystalline panels because the process to make them is simpler and less expensive. Solar energy costs 0 08 to 0 10 per kwh to produce on average depending on your location.

Government found that large installers are 2 000 to 5 000 more expensive than small solar companies. So a solar panel will make many times more energy than it takes to make it. Buying solar panels requires an investment and more decision making than leasing but over the long term the benefits of owning your system are hard to beat.