what solar power costs - generally,
that is if you don't do it yourself.
The cost of solar energy varies greatly with your
solar energy needs and depends on a number of factors, such as materials cost, the
installation cost, maintenance cost, and even the energy savings you will be getting out of
the solar system. Another consideration when determining solar power cost should be
the added value to your home.
Of course, since your on this website, you are probably at least considering the
do-it-yourself approach - which will save you a considerable amount of money and
reduce your overall solar power cost to only a fraction of what you would pay a professional solar
company to do it. You can learn more about
making your own solar power panels by clicking here to go to the Make Solar Panels section of our
Traditional Solar Power
Solar Cost Per Watt
you're paying a pro to install it, solar power costs about $10-$14 per watt installed,
although you may be eligible for state rebates and incentives.
Doing it yourself could cost about $4-$7 per watt which would bring your solar
energy cost way down..
When determining the cost of your solar energy
system, the size of your house is less relevant than the amount of power you use per month. Check
your utility bill to see your monthly usage and judge for yourself if you'll need a big or small
system. You can learn more about how to determine
the amount of energy needed to run your home by clicking here to go to the Energy Audit section of
Average Cost of Converting
Your Home To Solar
A good sized robust solar electric system will cost about $20- $30,000 for a single
If you are looking to entirely replace grid-based electricity with solar energy the
cost will probably be closer to approximately $30-40,000 for a single family house.
This includes everything from the cost of solar
panels, inverter, wiring, installation and all other photovoltaic components.
However, we have seen solar systems cost up to $60,000 and more for a single family
home, so some comparison shopping would definitely be beneficial.
Solar system investments with solar power costs such as the ones described above
would typically take about 5-10 years to recoup your initial investment. After that, your
energy is free.
Cost of Solar Power For Smaller Remote
If you were powering a remote cabin in the woods, it would cost you less at about
$7-12,000. Since you wouldn't be hooking up to the grid, your solar energy cost would be less.
You can learn more about these types of
solar energy systems by clicking here to go to the Off Grid Solar Power section of our
Hot Water Heating Solar Energy
A solar thermal water heating system can reduce your monthly hot water heating bill
drastically (between 50 - 100%) and will cost you about $4000 - $5000. You
can typically make your money back in 2-3 years.
Solar Heated Swimming Pool
To heat your swimming pool with solar power, you would have to spend about
$200-$500 to buy a prefabricated solar pool heating kit, which isn't very difficult to install.
As you can see, the initial cost of solar energy can be quite high when having
it done by a professional, however the benefits you receive thereafter can be very worth it in
the end. If you continue to live in your house past 5-10 years, you are literally paying
yourself to live, thus entirely off-setting your solar power costs.
Yes, it's expensive, but the pay off will come.
Fortunately, this website and many like it have been set up to help speed up the
process of recouping your initial solar energy investment by showing you how to do it yourself.
So don't be afraid of the traditional $20 - $40,000 solar energy cost range.
When you do it yourself, it's more like $5 - $10,000 and $4 - $7
per watt ...but a lot more work.
Click here to go back to the How Solar Power
Works section in the exact spot you left off (or just click your browsers back button).