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    How much does solar energy cost?

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    How much does solar energy cost?

    One question I get all the time from people who are thinking about going for solar energy system is, How much does solar energy cost?

    The cost of solar power for your home will depend on the following variables.

    • Place of your living
    • Power your household uses
    • Buying new solar panels or used
    • The quantity of sun your property receives
    • Incentive programs available to you... and so on

    Depending on the above variables generally a typical solar system will cost between US $15,000 and US $25,000, before rebates.

    • A solar hot water system will cost between US $2,000 and $4,000.

    • A photovoltaic system will cost between US $8,000 and $10,000 for a 1kW system.

    An average American family, living in a 3-bedroom home will require a 1.5 - 3kW system, which will cost between US $15,000 and US $25,000, before rebates.

    To figure out the cost of solar e