In the United States, there are two million solar panel installations.
If you want to join that statistic and have a solar panel installation at your home, you might be wondering how much it will cost.
Thankfully, we have the perfect guide on the average solar panel cost, so make sure you keep reading!
Average Solar Panel Prices
On average, solar panel installation could cost anywhere from $9,000 to $28,000. That average is for a 1,500 square foot home with a 6kW solar panel system.
Once you have the home solar panels installed, the price per watt for the panel can cost between $2.50 to $3.50, but this will depend on where you live.
If you’re interested in installing solar panels in your area, make sure you check out this link: https://blueravensolar.com/missouri/solar-panel-installers-kansas-city/.
Factors That Affect Prices
There are a few areas that will determine how much this costs for your home. For example, if your home is very sunny, you won’t need to spend as much money. But if your roof rarely sees the sun, you’ll need more panels in order to get more energy for your home.
You should also keep an eye on the conditions of the market. Is there a lot of competition? Are materials running low? All of these prices will drive up your installation cost.
You’ll also have to consider the brand and manufacturer of the panel that you get. Some of them can be more expensive, but often, you’ll be paying for higher quality as well, which will help you save money in the long run.
When you’re factoring in the solar panel cost, there are a few other overhead costs to consider as well.
You should call different companies to get an accurate estimate for your home and project. This estimate will often be broken down into the material and the labor cost. This can change depending on what companies are charging in your area and where you live.
If you can’t install solar panels on your roof, you’ll have to put in solar mounts. This will hold the solar panels, but this will be another cost to pay for.
You may also have to pay for any taxes, inspection, and permit fees before installing these.
How to Save Money
Thankfully, the government will sometimes offer homeowners tax breaks or incentives for installing solar panels. You may need to check with your state and what their deadlines and requirements are, but you could still have about 25% of your installation paid for.
However, the form will come back on a refund for the taxes that you owe.
Learn More About the Prices of Solar Panel Installation
These are only a few things to know about the price of solar panel installation, but there are many more factors to consider.
We know that doing any type of home renovation can be stressful, but we’re here to help you out.
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