Cost Of Solar

Solar panels save most buyers a lot of money. Solar panel installation costs are not always easy to swallow, though. The fact is, you sometimes have to spend money to save money. And you sometimes have to spend a lot of money to save a lot of money. Solar panels are not really like TVs or phones when it comes to cost; they're more like tiles or mulch. That is, there is not dramatic variation in the technology options, and the differences in cost are mostly just related to how many you need. If you have a big roof and use a lot of electricity, you need more solar panels. If you have a small roof or a heavily shaded roof or you just don't use much electricity, you don't need as many solar panels and the price will be lower. There's an extra factor that is important, though. While the number of solar panels you need to have installed and the price of those panels are heavily dependent on your home and your energy use, and not very dependent on the solar...

Governments, businesses, and consumers are increasingly supporting the development of alternative energy sources and new technologies for electricity generation. Solar power is becoming one of the most popular renewable energy choices, as it has a nearly inexhaustible supply source. Yes, installing residential solar is definitely worth it. Here’s why. Cost Savings With prices falling rapidly, installing home solar panels can dramatically trim your energy bills. New technology has sent solar prices plummeting more than 60% in the past several years, so the time it takes to recoup what you paid for your system, also known as the payback period, is shorter than ever. Google’s Project Sunroof is in the process of helping homeowners to determine their potential home solar panel savings. Tax Credits Homeowners who buy their panels — instead of leasing them — can claim a federal tax credit worth 30% of their purchase at tax season, which translates into a $6,000 return on a $20,000 home sol...