Saving money on the utility bills is not a luxury, but a necessity for many homeowners all over the U.S. Since the prices of energy have skyrocketed over the years, it is not uncommon for homeowners and their families to look for different ways to control electricity costs. Fortunately, there is a wide range of options that people have access to today. One of the most notable does not only involve turning down the thermostat to save on electric, but involves making an investment into their future. This investment relates to choosing Solar panels for the home and business offices, and it is not a trend that people expect to go away. However, it is essential in many areas of the country, specifically by those that have already learned about the positive impact of installing them in the home as well as in the business office. Either way, before any homeowner decides to jump in and pay the higher cost of installing solar panels, it is good that everyone does their research first. Specifically, when it comes down to looking for the best ways to compare solar price online and in retail establishments today.
Average Solar Panel Prices – What does it cost in the U.S.
Even though most homeowners and their family may be familiar with the proposed savings in the cost of utility bills each month, they may need to do a little more research to understand how much solar panels actually cost to install. Typically, the prices may change from one year to the next, based on several different factors including the total number of incentives provided to the homeowner when they are installed. For instance, in the year 2017, most homeowners have been paying an average amount of $2.87 to $3.85 per wattage. This amount is required for those who want to install the solar panels while they can take advantage of tax credits. So, it is good to know and understand solar panel cost and how they are derived, specifically since they can range as high $16,800 each year when solar panels have been installed.
In addition to identifying the cost of the average wattage, the homeowner can also factor in the size too. This is because the size of these systems can easily range from small to large. This is an essential for the homeowner to know the distinctions in wattage requirements prior to installing solar panels. For instance, some homeowner may pay a cost of $15,000 in order to obtain a solar energy system that is 6K watts in size. On the other hand, if the owner of the home is expecting to purchase a system that is 10KW, the amount charged for this kind of system is about $25,000. Meaning the type of solar prices quoted can vary significantly based on a number of different factors including where the solar panels will be installed and how much solar energy is really needed to power them sufficiently.
Are Solar Panels Worth it?
When a homeowner is researching the actual cost of solar panels and its installation, there are quite a few questions that people normally ask. One of the more commonly known is usually, are solar panels worth it? Typically, at the end of the day, the answer to these questions can differ based on a myriad of circumstances. Specifically, when the geographical location is perfect for installing this kind of alternative energy savings solution. For instance, there are charts available online that does a breakdown of all of the states and how solar energy affects its energy savings level. While some of the states are prime target areas for generating a lot of extra power via the use of the sun’s natural energy, others are not the perfect spots at all. Also, the area in which a person lives is also a factor on how much energy is being used and how expensive it is to live there. Either way, people who live in Florida and the District of Columbia can benefit greatly from solar panel installations since the cost that they pay each month is very high in price range. On the other hand, if the person is living in Mississippi or North Dakota, the rates are not as high.
Online Tools and Comparing Prices for Solar Panels
It is also important to note that not all solar panels are the same. In fact, there are many different types, styles, manufacturers and models available on the market today. In fact, to assist homeowners with drilling through and understanding the associated differences along with the pricing, there are some great online tools that will allow each consumer to compare pricing.
Some of these tools will allow the user to compare solar panels by the different size groups and models. When making these distinctions, consumers will have a chance to see the actual differences between their STC and PTC power ratings, peak efficiency, the number of cells included, nominal voltage, length, width, depth, weight, installation methods, warranties and the like. All of which can make a significant difference in its features and the price ranges that the buyer can expect to pay for its overall cost and the installation. To find the best tools online, some of the professionals in the industry may recommend looking at solar panel reviews to gather as much information about these products as possible.
When any homeowner is looking to invest in solar panels for their home, they may find that there is quite a bit of information online that can assist them with making an informed decision. Part of this information usually entails reviewing the average cost of solar panels in the U.S, why solar panels are worth it or why they may not be the best deal for the state that the person resides in and how to find the best prices via the use of online tools that helps with comparing solar panel pricing.