Home Solar Panels Prices
With summer fast approaching, many home owners are reaching the point of the year where they start to dread opening their electricity bill each month. And for good reason — because not only are gas prices rising, in some states as high as $5.00 per gallon, but on top of that, power bills are rising. Many homeowners feel like they are getting squeezed by big oil and power companies. The feeling of frustration is enormous, but the good news is, there IS something that you can do about your expensive electricity bills.
How much can I save on electric bills by installing a home solar power system?
Because energy prices fluctuate, there is no way to calculate for sure exactly how much money you can save by using solar energy. But, many homeowners that have switched to solar energy report that they have cut their energy bills by 50% to as high as 90%. This can really add up if you take into account that the average solar energy system on a residential home can last up to twenty years.
What will a residential solar energy system cost me?
A sophisticated and reliable solar electric system will cost about $20,000. Solar electricity costs about $10 to $12 a watt installed, though you may be eligible for state incentives. Check your utility bill to see your monthly usage. You can spend as much money, to receive as much solar electricity, as your budget will allow to put into the investment.
Federal support for solar residential systems
Obama administration green jobs adviser, Van Jones, was the keynote speaker at this year’s Powershift, a gathering of 10,000 students and young leaders in the clean energy movement, held in Washington D.C. Van Jones is one of the most exciting and effective green leaders in the nation —- because his message encourages unity within the nation for causes such as clean energy, social justice, and job growth.
“Shouldn’t we have the right and liberty to be free from energy companies who dictate how much we pay, what air we breathe?” Coal and oil companies try to divide us with cultural stereotypes and political ideology, when a green economy is actually the truly American economy:
The stereotype is that solar power is just hippie power. But it’s also cowboy power, farmer power, rancher power, and Appalachian mountain power!
He impressed upon the Powershift crowd that installing solar panels is nice, but Van Jones said “we need to find ways to make them available to everyone.”
Notice that the wealthy people have the solar panels, the poor people have the high energy bills,” Van Jones said. “We can’t afford for poor people not to have solar panels.
Solar financing , credits or rebates
Some solar installation companies offer financing or will help the homeowner arrange for credits and rebates.
- 100% financing of the Solar System through property taxes.
- Federal and State rebates.
- Financing does not appear on your credit.
- Up to 20 year “FIXED” financing on Solar Systems.
- If you sell your home or business, the financing is assumed by new owners.
- Available for commercial and residential systems.
Effective solar installation
The most effective systems are on homes with a south facing roof and no shading from other buildings or trees. As well, there are a number of state and federal financing incentives that encourage you to do so.
Ideally, homeowners should replace old shingles before putting in solar panel mounts, although this is not absolutely necessary. If you are planning on replacing shingles in ten years or so, then you will have to have a solar paneling installer remove the solar panel mounts before replacing the roofing.
Professional installers have been installing solar panels for thirty years now. They have learned a lot in that time. In some cases there have been mistakes made, and as with any industry you have to know what to look for in order to find a trustworthy solar provider. You can also mount your panels on the ground, if you have hesitations about mounting them on your home’s roof.
Energy efficiency in your home
There are lots of ways to create an energy-efficient home, but there are even more ways to create a home that lowers your electricity bills for long-term sustainability. Keep solar in mind when looking at your next electricity bill, then review our solar vendor information and cut down on the hype, as well as your electric bill.