With energy prices on the rise this may be the perfect time.
Cost of solar panels 2500 sq ft.
The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.
One of the more frequently asked questions powerhome solar gets is what s the average cost for a 2 500 square foot home or if it s not 2 500 fill in the blank with the size of your home 1 000.
More efficient panels cost more money but may enable the installation of a smaller system.
The amount of energy that solar panels can absorb and then produce is measured in kilowatts kw.
The amount of energy your home uses over a certain timeframe say a month is measured in kilowatt hours kwh.
Installing a solar panel system costs an average of 23 597 and dropping most homeowners pay between 16 532 and 30 820 expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc.
Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8.
Finally the size and cost of your solar electric system is affected by the efficiency of the solar panels used.
With accelerated learning comes mistakes but it is from those mistakes that the most learning about solar panels occurs.
From start to finish the price of installing solar panels into a 2 500 square foot home generally costs around 18 000 20 000 for a typical residential solar system with a tracking mount system 1.
A typical american home will need 14 36 solar panels to cover their power bill and at least 227 square feet of rooftop space to accommodate the solar panels.