Solar Panel Price: How Much Do The Solar Panels Cost?
updated at : Friday, February 24th, 2017
Solar panel price is the high ticket item when calculating the total solar panel installation cost. When looking at the total solar panel installation cost, it divides into two categories:
- Solar Energy Equipment Cost
- Permitting and Labor Costs
Solar Panel Price and Solar Panel Installation Cost
The solar energy equipment cost includes the solar panels, inverter, mounting hardware, and wiring. The other category includes the installation labor cost and permit cost. There is another cost which comes after the solar panel installation has been completed and goes into operation. The operational cost includes monitoring, maintenance, and repairs. On average, the total cost for installing a solar system will be between $16,000 and $32,000 for systems of average size ranging between 4kW and 8kW. This price is before accounting for the federal solar tax credit and solar rebates that are available. The financial aspect should not be any sort of monumental hindrance keeping you from living a greener lifestyle. If you install a 5000 Watts or 5 kW system, the average per watt cost would be about $4.00. So, 5000 X $4 which comes out to be $20,000.00.
If you want to get information on the federal solar tax credit and solar rebates offered by the federal and state governments, visit SOLARINSTALLGURU.COM. Furthermore, we will get all the info you need to equip yourself for having a very successful and profitable solar panel installation project.
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