As with other clean technologies like geothermal pumps and wind turbines, solar panels promise to reduce carbon dioxide emissions by relying less on dirty coil and oil, and helping people cut energy costs.
And while solar installation continues to become more efficient, more reliable, and more affordable than ever, there’s still a very long way to go in replacing antiquated, unsustainable sources of energy.
In the market for solar power, but don’t know where to start looking? Look no further than CalFinder Solar for the most competitively priced solar contractors in your area.
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Pricing varies by city, but federal incentives are available nationwide.
Average Costs of Solar Panel Systems
And yes, that’s the point where homeowners’ jaws tend to drop. For many, the cost is far out of reach.
Or, at least they think it is.
Remember the part about solar panels being “more affordable than ever?” That’s exactly right. There are dozens of federal and state incentives that help homeowners with the high costs of installing new systems.
You might be thinking “well, over half-off is a great deal, but it’s still just not in my budget.”
Before you know it, the panels that today cost in excess of $20,000 will be had for less than $5,000!
“OK, so I can save thousands on installation, but are solar panels really worth the cost?
In most scenarios, yes. Among the long-term (plus some shorter-term) benefits:
- You do your part to help end our addiction to non-renewable, unsustainable and polluting energy sources, as well as invest in your home’s future. Think future resale value.
- Depending on the size of the system in relation to your home, average energy savings of 50-80% a year are not uncommon, by far. In cities like Houston and Dallas, it’s common for homeowners to shell out over $15,000 a year for energy alone! 25% off $15,000? Well, you do the math!
- In rural, off-grid locations, solar installation costs can be 10 times as affordable.
- And as the housing crisis continues to drive home values down, a sizable solar panel installation can significantly boost your home’s value.
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