Are Solar Panels Expensive To Make

If you have offers from some of the big installers in solar make sure you compare those bids with quotes from local installers to ensure you don t overpay for solar.

Are solar panels expensive to make.

Hardware is the largest expense for new solar installations. March 4 2014 source. University of cincinnati summary. Evaluate your sunlight exposure.

However like any investment the initial payment can be worth the payout later. Installation of panels for the average 5kw system ranges from 11 100 22 400. The office of energy efficiency and renewable energy estimates that up to 64 of solar system prices come from soft costs. Panels collectors and batteries can account for up to 25 of the total cost for a new system.

Researchers are reporting early results on a way to make solar powered panels. Sometimes referred to as multi crystalline polycrystalline solar energy panels cost less than monocrystalline panels because the process to make them is simpler and less expensive. Solar power systems are very custom based on the home roof type shading and utility. Soft costs or the outlays that installers spend just trying to find you and appeal to you also contribute a significant percentage.

Now it s just up to you to decide if solar panels numbers stack in your favor. A recent report by the u s. Review your electric bill. Solar energy costs 0 08 to 0 10 per kwh to produce on average depending on your location.

Making it less expensive and more efficient date. Solar panels and solar energy overall is a pricy investment even in light of recent cost reductions. Solar panels cost 1 77 to 2 20 per watt and a 6 kw solar panel installation for the average home costs from 10 626 to 13 230 after the 30 federal solar tax credit. While the most expensive part of going solar is paying for the equipment it still only represents 25 percent of the overall expense.

Here are six steps to take to determine whether you ll save more than you spend on solar panels.