Lots of people like the idea of renewable energy, but the solar power installation cost can sometimes be an overwhelming factor.
It's completely normal; everyone wants to make a good decision for their home, all while working within their personal budget. That's why, if you're looking to install solar panels, you should come and take a look at these simple steps to optimize the setup price.
Step #1: Decide on the solar technology specifics.
The solar power installation cost really depends on what your energy usage typically looks like, and this will tell you how big your system needs to be.
How do installation costs vary for off-grid vs. grid-tied solar systems?
Solar energy installation would differ from home to home, but most residential places would have about 20 solar panels to complement their monthly energy needs. However, if you're looking to manage this expense, you can choose between a grid-tied or an off-grid system.
- Grid-tied. This is typically a smaller, more budget-friendly system. Here, you'll be able to generate electricity to supplement the power you get from your local grid. Plus, you'll usually have a safety net when the grid is unstable, especially during those hot summer months.
- Off-grid. On the other hand, going for a bigger and more expensive system could mean that it fully meets your current energy needs, even leaving a little extra. This allows you to generate your own electricity and become independent of the local electricity grid.
Off-grid systems may also require more batteries or a backup supply, which affect the overall solar power installation price. Batteries can store the energy your system generates, which can be handy on cloudy days.
The type of panel
Aside from the coverage of your solar energy setup, the specific panels also play a key role in costs. To give you an idea, the two common types are monocrystalline panels and polycrystalline panels.
- Monocrystalline. Usually suitable for high-power households or ones with smaller roofs, this compact option boasts excellent solar power efficiency given its premium yet justified price.
- Polycrystalline. In contrast, this larger option is still reasonably efficient, and it offers a good balance between performance and the overall solar power installation cost.
Step #2: Avoid pricey mistakes by hiring a solar installer.
Expert insight
The DIY way might be appealing for some. However, keep in mind that this involves a lot of self-research, and errors can be expensive. If you don't have any experience, you could be installing the system incorrectly or maybe even buying the wrong parts to begin with.
The good news is that solar power installers can give you a helping hand.
First, they typically send over a knowledgeable engineer or electrician to inspect your home. The process could include a roof check, an internal electrical assessment and a sun exposure evaluation. At this stage, they might also start taking measurements and photos for reference.
All this can even typically be done before you settle the solar power installation cost.
Professional tools
Once a plan's been laid out and you've finalized the solar power setup price, you can have your provider push through with the installation.
Compared to spending on your own gear, professionals will bring their own equipment, such as power tools, a ladder, extension cables and more. You'll just have to focus on the solar power installation cost, and your provider will handle the rest with their quick service expertise.
There's no need to spend any time on your roof, and your installer will have the know-how to get your project done quickly. This will usually take one to three days, although the exact time can depend on the weather and how complex the solar system installation is.
Step #3: Let future savings offset the initial price.
Net metering opportunities
You can think of your energy system as an investment that'll pay for the solar power installation cost over time. For instance, if you try out a net metering program, you can sell the excess electricity your panels generate. In a grid-tied system, this means you'll only be billed for the net energy you use.
Tax deductions
Besides saving on electricity bills, covering the cost of solar panels and installation could qualify you for the Investment Tax Credit (ITC). This is an amount you can subtract from your annual or quarter-year payment, but just remember that the exact percentage will vary depending on the solar setup date.
Frequently Asked Questions (FAQ)
Can I install solar panels myself to save on installation costs?
While it's possible to set up panels on your own, it might not be a suitable option if you want to save on the solar power installation cost. Instead of cutting down on price, one slip-up could set you back hundreds or even thousands of dollars. Plus, if you go for a professional installation, your provider can typically help you out with the required government permits.
Is solar still worth it in California?
Of course! Homeowners in all kinds of states can enjoy solar power benefits. However, since states like California typically get a lot of sunshine, special mounting equipment isn't necessarily required.
This could include tilt frames, angled racks and others. Such components are designed to adjust the panels for light capture, but they might not be a strict consideration if you're thinking about the average solar installation cost California-wide.
How do I calculate the potential energy savings from solar panels?
Those looking to get an off-grid system can turn their entire energy bill cost into savings in the future.
On the other hand, those opting for a grid-tied system can just crunch some basic numbers. Simply take the electricity your solar setup will produce and multiply that by what your utility company charges per kilowatt-hour (kWh).
Let's say your setup will generate 1,000 kWh of electricity each month, and your utility company charges $0.16 for each kWh. That means you'd save about $160 on your utility bills every month.
With this, if you want to know more about pricing, you can have us at Solar Energy Host provide you with installation cost estimates from different installers.
Know more about providers and prices
At Solar Energy Host, we're passionate about making reliable solar providers accessible for homeowners like you. Here, you can get support with your switch to solar by following these three basic steps:
- Submit your information. To find a suitable choice, type in some standard information on our platform, like your current energy bill, home address and other similar details.
- Compare competitive quotes. We'll respond with a list of solar panel installation companies, along with system setup estimates you can conveniently choose from.
- Consider one of the offers for savings. Last but not least, you can finalize your decision and start applying to enjoy the advantages of solar energy.
Don't be afraid to sort out the solar power installation cost today. Empower yourself and take a step towards a sustainable future through green energy.
Join us today and calculate how much you will save with solar panels!
