Solar panels for homes, electric, pool, and more panel information

How Much Are Solar Panels and How Can You Estimate?

How much are solar panels and what are the best ways to estimate cost before committing to them? We'll tell you.

This is a question that many people end up asking themselves, and it’s a common problem when it comes time to hunt down the right type of investment for your home.  There can be no doubt that these are a great investment for your home and the environment so that you can use less harmful power and so that you can take yourself a bit off the grid.  But you will find that they can be pretty costly, which is going to have you wondering just how much are solar panels?

There are a few answers to the question, and you’re going to find that it’s a process to determine just how much they will end up costing you. There is no final answer that will be true for everyone, but there are plenty of ways that you can discover yours and in turn just how much you’re going to have to pay when everything is said and done.  You’ll find that the amount will always differ, and so you have to look at plenty of factors that can affect your overall solar panels prices.

Make an estimation on how much electricity your home uses

For starters you have to figure out how much you actually use electricity wise, so that you can determine what you need to cover those costs for your actual energy requirements.  This is going to help you figure out just what you’re using up when it comes to your actual solar panels.  You can do this really easily by just looking at your utility bill, which is going to provide you with all the information regarding how much energy you’re actually using.  This way you have a good working point, so that you can figure out what types of panels you need to be looking at.

Prepare for the future

There’s a lot that you’re going to have to think about going forward with solar panels prices as well, so that you can determine what you’re going to have to pay coming up.  You’ll find that electricity is actually on the rise with inflation, and you’re going to find that you can typically end up having to pay more in a few years than you have done today.  But also think about the fact that so much more new technology is coming out that uses more and more power.  Adding things like HDTVs to your house is going to burn up a lot of energy, and that’s why you need to account for them.

What type of sun do you get?

You’ll find that another major question in how much are solar panels is all about how much sun you actually get.  You’ll find that some places are just better than others for receiving sunlight.  States in the south west like California, Arizona and even some parts of Texas are really ideal places for you to get maximum exposure to the sun.  But in areas with less exposure you’ll need more panels and will therefore have to spend more money.

Figure out the size of your system

Based upon how much sun you’re actually able to get, as well as the requirements of your home and the electrical needs that you have, you’ll need a different size of system.  On average you can count on a system of photovoltaic panels usually providing anywhere from 1 to 5 kilowatts, and typically that’s sufficient for supplying you with enough energy to power any type of home.

Read up on your rebates

Still wondering how much are solar panels? Well before you just lay thousands of dollars down on the line for any type of system that’s out there, you want to really think about what you can take advantage of to save on what you’re buying.  Typically you can great tax rebate of around 30% off the cost of what you spend on your actual system.  However that only goes for about $2,000 at maximum.

Finally, just make sure you run the numbers again

You’ll find that you have to run the numbers at least once more, so that you can ensure that you’re buying the right type of panels.  That way you can ensure that you’re able to find a panel system that’s going to cover all of your energy needs, and that’s also going to cover your needs when it comes to future requirements at the same time.