Did you know that solar power breaks records every year as it becomes a more popular energy source? Well, that fact isn’t surprising when you consider the benefits of going solar.
Solar power is clean, green, and beneficial for the environment. It also saves you money on your electricity costs.
Yet ironically, it can cost you a bit of money at first to get a home solar system. Many people assume that the home solar system cost is prohibitive.
So, how much does a home solar system cost? Read on to discover everything you need to know before you install solar panels on your house.
Depends on the Type of Installation
There are three types of solar panel installations for homes: grid-tied, off-grid, and hybrid.
Grid-tied Systems
Grid-tied systems are the most common and least expensive. They tie into the utility grid, so you only need enough panels to offset your energy usage. The cost to having a grid-tied system will be at $13,320 and 14,800.
Off-grid Systems
Off-grid systems are not connected to the utility grid and require batteries to store energy for use when the sun is not shining. The cost for this system will be at $30,392 – $48,048.
Hybrid Systems
Hybrid systems are connected to the utility grid, but also have batteries for backup power. It is a combination of both the grid-tied and off-grid systems. Thus, the cost would vary depending on the combination of both.
Depends on the Equipment
The cost of a home solar system depends on the equipment you need and the size of your home. The average cost of a complete home solar system is between $10,000 and $13,500. That is after tax credits.
The cost of the equipment you need will also vary depending on the quality of the equipment. The most expensive equipment will be the most efficient, but it will also be the most expensive.
You will need solar cells, inverters, racking systems, battery storage and a charge controller.
Depends on the Roof Type
The cost of a home solar system can vary significantly depending on the type of roof it is installed on.
Metal Roofs
Metal roofs are often the most expensive option, as they require special mounting hardware and are more difficult to work with. When installing solar power on a metal roof, you’ll expect to spend around $19,000.
Tile Roofs
Tile and asphalt shingle roofs are usually less expensive, as they are easier to work with and don’t require special hardware. When installing solar power on asphalt shingles, you can spend between $15,000 and $20,000.
Flat Roofs
Flat roofs are the least expensive option, as they are the easiest to work with and don’t require any special mounting hardware. You are expected to spend at $800 for a standard 7 kW solar power system for a house.
The cost of the roof itself is also a factor, as more expensive roofs will generally cost more to install a solar system on. And if you want to see more factors that affect these types of solar panel’s cost, you should visit a reliable website source.
So, How Much Does a Home Solar System Cost?
Everyone would really ask, how much does a home solar system cost? The price depends on the size of the system and even the location. Solar panels can save you money on your electricity bill and help the environment.
If you are interested in installing solar panels, contact a solar company for a free estimate. And if you want to read more interesting articles, visit our blog page.
