The cost of solar energy

Posted on December 15th, 2009 by admin in Solar Energy Tips

The cost of solar energy

The cost of solar energy is a question that many have that is really considering applying this method to their property whether it is their home or business.  The actual costs, however, can depend on many different factors such as the size of your home, the amount of electricity that you use, the actual system of solar energy that you use, and how much sunshine that you receive in your specific location.  Certain system do have set prices for their installation, depending on the company that you go with to provide your solar energy system, but how much it costs to run factors in many of these things.

The set prices for the units themselves are usually consistent from the many different supplies and you can look at paying anywhere from $2,000 all the way up to $4000 for a solar powered hot water system and anywhere from solar-benefits$8,000 to $10,000 for a photovoltaic system that is specific to 1kW.  On average, in the United States, families with a 3 bedroom, 2 bath home will need a 1 ½ to a 3kW system which can go anywhere from $13,000 all the way up to $27,000.  A lot of manufactures for these systems do offer rebates and these prices reflect before rebate price.  This is solely for the system itself, not the actual monthly costs for energy.

It would be difficult to so exactly how much a monthly amount would be for solar power though each of the manufactures can give you a rate that will reflect their system.  Generally speaking, you will be paying roughly $4-$10 per watt used, depending on the specific system that you go with and its particular efficiency.  It is suggested, before you buy one, that you find out from each of the well known manufacturers about what their system offers in terms of price for what you need exactly so that you can be completely informed before your purchase.

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