How much would it cost upfront to install solar panels in my home and what could I save?

Posted on 31st July 2010 by admin in solar panels home

I’m curious what the average household spends to install solar panels in California. Also for those of you that have installed them, how much would you say you saved in the first year? The second?

Thank you for your time answering this.

Solar systems can be a "Hefty" investment. But there’s a great return. If you were to install a system the federal government will give you 30% of what you spent. Many utility companies will often give you an incentive/rebate.

And last of all, your electricity bill will be much less then you are spending now. You could even receive a credit on your bill each month if you produce more energy with your panels then you use. You can read more about it on the Sungate Energy Solutions website and blog:
http://thesungate.com/blog/?p=49
http://thesungate.com/sungate_products/howsolarworks.cfm

5 Comments »

  1. Solar systems can be a "Hefty" investment. But there’s a great return. If you were to install a system the federal government will give you 30% of what you spent. Many utility companies will often give you an incentive/rebate.

    And last of all, your electricity bill will be much less then you are spending now. You could even receive a credit on your bill each month if you produce more energy with your panels then you use. You can read more about it on the Sungate Energy Solutions website and blog:
    http://thesungate.com/blog/?p=49
    http://thesungate.com/sungate_products/howsolarworks.cfm
    References :
    http://thesungate.com/blog/?p=49
    http://thesungate.com/sungate_products/solar_photovoltaic_panels.cfm
    http://thesungate.com/sungate_products/howsolarworks.cfm

    Comment by Tiffany — July 31, 2010 @ 9:37 am

  2. There are a bunch of factors that can affect cost. Location and roof space are the 2 most important ones that will affect costs on a residential project. California happens to have some of the better state and federal incentives. If I were to ballpark an average residential cost I would say in the 25k region give or take. If you want a free accurate quote visit http://www.globalsolarcenter.com/ I used their services when I went solar. They provide you with all the details regarding incentives and payback period etc… Annual savings for me were close to $1000 and my system only covers about a third of my usage. I would simply recommend visiting that site, let them crunch the numbers, and then you will be in a better position to make a smart decision. Good Luck!
    References :
    http://www.globalsolarcenter.com/

    Comment by Morris D. — July 31, 2010 @ 10:09 am

  3. Im saving well over 100 a month .Im totally off the grid but i built my own system for around $3,500 give or take a few bucks . For the average person to have them installed is around $ 35,000 to $100.000 depending on your needs and how badly the solar company rips you off .
    References :

    Comment by Dads boy — July 31, 2010 @ 10:21 am

  4. Install solar panels can be really expensive, but there’s a way to build your own solar panels and you can make one solar panel for just U$200, you will be amazed about how easy it is!
    References :
    http://GreenHomemadePower.com

    Comment by Philip Richards — July 31, 2010 @ 10:34 am

  5. If you do it yourself, you can save quite a bit of money, as solar installers charge a lot and will in most cases charge retail for any equipment they install for you. For more information, visit the site in my sources.
    References :
    http://earth4energy.planetcabinet.com/

    Comment by Steve — July 31, 2010 @ 11:20 am

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