Solar Power For Home – How Much Does Home Solar Cost?

Executive Summary about Solar Cost by Anthony Dempster

cost of solar

Solar power for homes is becoming an increasingly popular method of powering some or all of your house. However many people ask the question “How much does home solar cost?”

There are two main methods of getting your house up and running on solar power electricity. Simply put, they are either professional installation or “do it yourself” (DIY) solar panel installation.

The article in the Independent went on to suggest that professionally installed systems could take up to 100 years to pay back the installation costs. In other words, professionally installed systems are out of reach of most everyday people who want to have solar power for home.

Realistically then, anyone who wants to make use of solar power in their house is going to have to look at the DIY options in order to get the lowest solar cost.

Solar Costs – Solar VS Your Electricity Bill
Executive Summary about Solar Cost by Robert Farbe

Developing solar is vital to you. Most people consider a small system like a 3 kilowatt or kw. Some states are giving tax credits. These tax credits can reduce your costs substantially.

A 3 kw system runs about $25,000.00. This system will not run your whole house but is a great starter system.

If you live in Louisiana, that state is offering a 50% tax credit up to $25,000.00. Depending on your tax bill and your existing electric bill, you could pay for this solar system in five years. Recently, the senate voted not to renew those federal tax credits.

Has you electric bill ever gone down? Remember what your average bill is right now. In the example above, the electric bill said the same. Your electric bill will always increase. A solar system will pay you back. After the initial costs of the system, you will lower your electric bills and your carbon footprint.

If you think solar is expensive now, think again.

Check out my other guide on Wind Generator