Solar panel cost
Posted by Solar energy guru | Filed under Solar panels & photovoltaic cells
Anyone thinking of putting in a home solar system will be concerned with their solar panel cost. Purchasing these panels can be enormously expensive. Adding to the solar panel cost concerns will be how much the whole system will cost including installation fees. Many people cannot afford to justify this upfront price so they will not make the switch to solar energy.
While solar panel cost is a factor to be concerned with and represents a serious investment, installing them yourself can save you thousands of dollars. Once the solar system is installed, it will immediately start saving you money every month on your power bill. Your solar panel cost and installation expense can lose its fearfully enormous price tag once you understand that you can possibly eliminate your energy bill altogether. Your solar panel cost can even be negated if the panels generate so much electricity that the electric company will pay you every month for the extra energy that you create with your solar panel! Studies have actually shown that solar panel cost and installation expense can be recovered in about 2 years time.
The money you save every month when you use your electrical appliances will be well worth the solar panel cost that you have to in your upfront costs of putting in a solar energy system for your home. If you have gas appliances, like a gas dryer or a gas hot water heater, you can replace it with an electrical unit and save enough money over the years to pay for your new appliances.
Putting out the cash you need to cover the solar panel cost for a new solar energy system will save you from years of surprise energy hikes and spikes in energy bills during cold winter months. Energy bills typically increase in the winter months because of the need for heat and in the summer months because of the need for cooling.
Spending the extra money now to pay for your solar panel cost of installation will also benefit you in the winter months. When all of your neighbors lose power you still have it from your solar energy system. Solar energy systems can store the extra electricity generated by your panels. If the power goes out in the neighborhood, the energy stored in high capacity deep cycle batteries can then be used to keep your home running as normal. The worst storms and blackout will have no affect on you as far as energy availability goes.
The solar panel cost for homemade solar panels can be around $500. Ready made solar panels will cost you more. However, your initial costs can be recouped when you start saving on your electrical bill. Besides that, having a solar panel system will mean that you are helping to save the environment and saving cash at the same time.
Solar technology is advancing so that the cost for a system is coming down while the cost for non renewable energy is continuing to increase. The cost of solar energy generated by the sun is worth the expense when you consider how traditional energy sources continue to pollute.
Maintaining solar panels requires very little expense over the lifetime of the panel. Your initial solar panel cost will end up giving you renewable energy for years to come. Solar panels are usually sold with a guarantee of service but this service is rarely ever needed.
You will find that the best solar panels are the ones that you install on your roof. They are easy to install. You can find that where kits are sold that will allow you to build your own solar panels. Either way, purchase the solar panels or build them yourself. You will still enjoy savings throughout the next 20 years or more.