Sustainability is a hot topic in this day and age.

We’re all starting to educate ourselves on the way our choices impact our environment now, and for years to come. Because of this, solar panels are growing in popularity.

If you’re considering installing solar panels in your home, you’ll want to know the cost of installing solar panels.

So, what does it cost to install solar panels? Keep reading to find out!

What is the Cost of Installing Solar Panels?

The cost to install solar panels varies from state to state, however, the median price is around $14,000 in 2020. That said, there are several different factors that can affect the final cost.

The cost of solar panels can be impacted by many different factors. The use of a solar tax credit can reduce your solar panel costs greatly. This is a federal tax, so anyone who uses solar panels can claim it. 

Additionally, how much energy your home requires will impact the amount that you pay for your solar panels. If your home runs mostly on electric appliances, the use of energy will be higher. As a result, solar panels may be more expensive. 

The kind of solar panels that you choose will also impact how much money you will pay for the solar panels. Some solar panels are more efficient than others, so the cost for these will be a little higher.

You can choose from three different types of solar panels, they are monocrystalline, polycrystalline, or thin film. The monocrystalline is usually more expensive than the other two options.

The hardware used to install the solar panels plays a part in the price as well. Racking systems are used to mount the solar panels. The type of racking you choose will be determined by your roof, the climate you live in, and the amount of wind you normally get. 

If you live in an area that experiences high winds, you’ll want to go with the most durable option, which will end up costing more.

Why Solar Panels?

Solar panels are a great way to provide energy to your home while being eco-friendly. 

Also, using solar panels will save you money on your energy bill. While solar panels can be a little pricey to install, they’ll save you money in the long run. On average, solar panels will save thousands of dollars in the span of 20 years.

If being eco-friendly and saving money on your energy bill isn’t enough for you to make the switch, solar panels will increase your home value! Imagine being able to sell your home for way more than you paid for it.

Get Your Solar Panels Today

There are so many reasons why installing solar panels is the best move.

You can’t put a price on your eco-footprint, but if you could, it would be much lower with the use of solar panels. The cost of installing solar panels is more than paid back with savings.

Solar panels are a great source of renewable energy, and this choice is paid back through the environment and your wallet!

To get a free quote on your solar panels, reach out to us today!