Your Questions About Solar Panel Cost

Helen asks…

How much does a solar panel cost for 1house of average energy consumption?

in this year

ssadmin answers:

A system big enough to supply energy for an average home (920 kWh/mo.) will cost $2,400 to $79,000. That compares to $63,000 the average household would have spent on average for dirty electricity over 21 years (assuming that electrical costs rise at an average of 4% per year). Yes, that's quite a range in prices. The price is affected by tax credits, rebates, local prices in your area, and how much sun you get.

You can start out with a system that generates 80%, 50%, 25%, or even just 10% of your needs to lower your cost. And a 10% reduction in pollution is better than 0%.

The 30% federal tax credit is what suddenly made solar a lot cheaper. Before 2009 the tax credit was limited to $2000. But now there is no limit. So if you install a $40,000 system, you lower your tax bill by $12,000. The credit is 30% of your cost, after any state/local rebates you get. (Case A in the calculator assumes a rebate, so the tax credit in that example is lower.) Note that a tax credit is more powerful than a tax deduction. A deduction just reduces the amount of your income, on which the tax is based. But a tax credit comes directly off your total taxes.

Also it's worth mentioning that every year solar gets a little cheaper. It's also that every year dirty energy like oil and gas gets more expensive. And while that's always been true, what's special about now is that in many cases those lines have already crossed, making solar cheaper than dirty energy. Solar costs have gone down by an average of 3.5% per year from 1998 to 2007 in real dollars.

Maria asks…

How much does a solar panel cost?

ssadmin answers:

This depends on the system used, and the application (home or industrial). For a typical home application, the PV (photo voltaic) would be a 2,000 KW system with a street cost of $20,000 USD including installation.

In the State of Oregon, you would get a $4,500 instant rebate, meaning you would actually pay $15,500. An Oregon tax credit would return $6,000 more to you (the cap is currently $6,000), and the Federal rebate (available throughout the US) would return another $2,000 (that is the cap as well).

This would make the final cost of the system $7,500 in Oregon. Other states have credits as well. The credits are based on the need for states to control their rising energy costs, and they come out ahead by funding these systems.

Keep in mind that a solar water heater (which does not involve PV, but still uses the sun) would save 2,200 KWh/yr and cost $8,000 installed, but after all credits would cost only $3,800 in Oregon (about $2,120 is saved due to Oregon credits). This is a much lower price (about half!), but has about as much environmental benefit as the PV system.

Both options are fantastic environmentally, and save money for you if you will own the home for several years (5-15 depending on the amount you spend). In the case of solar water systems, the cost has been shown to be directly equal the increase in percieved value of the home, so even if you sold the home prior to the return on investment for energy saved, you would come out ahead.

Ruth asks…

How much would it cost to have a solar panel installed in my house?

I live in a two storey house in Dublin,Ireland. How much wud it cost to have a solar panel installed?

ssadmin answers:

It depends on LOTS of things. You should look into some solar installation companies and when you find one that is reliable and trustworthy, ask them to come down and give you an estimate. That will be your best bet. This link I attached did an amazing job, they explained all the different options, you may want to give them a shot. If not, just make sure you do a lot of research on the company – ask them for references too! Good luck, I hope it works out because it is such a smart investment!

Lizzie asks…

How much would solar panels cost for our school?

My friends and I are trying to fundraise enough for solar panels next year. How much would it cost?

ssadmin answers:

Depends on the size of the school. For a smaller building, maybe $8,000 but for a larger, up to $80,000. It honestly depends on the amount of power needed to run the building and the location of the building due to weather. Its costly but the savings could make a difference in the long run.

Michael asks…

how much will be cost of solar panel?

If we opt to use solar panel as alternative of inverter which is generally use for source of power in case of power failure. If we choose to use solar panel what will be specification or capacity of panels to be used to use as source of power in case of power failure how much it may cost tentatively. And from where can I purchase solar panels/ wind mill. If i opt to use wind mill what will be specification or capacity. Can I import from china how much it cost

ssadmin answers:

For 1KW intstallation including inverter and batteries , cost is Rs.2Lakhs. This is as per the dealer Price in South India.25% may be lesser in China.This price is for very efficient Monocrystalline cells Panel.
What will be your expected power requirement?
What will be your open Terrace area? All these are related for efficient installation.

Two types of PV panels are available: Monocrystalline and Polycrystalline.
Polycrystalline panels are less efficient and price is lesser than Monocrystalline. These should be taken care of,when going for purchasing.
Windmill can be installed (1KW capacity) for alternate power.Both can be integrated through controllers.To get power during night, wind mill is required.
You may contact ANERT for all installation supports.In India,ANERT controls the price.
1KW windmill generator+DC pump(from in China)
Min. Order: 1 Piece
FOB Price: US $530-540 / Piece
Solar Water Pump
1)2011 hot sell dc pump
2)45L/min.20, 000 hours working life
3)Brushless, low consumption,low noise, mini…
Structure: Multistage Pump

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