Compare Solar Panel Prices – BUYERS GUIDE 2020
Compare The Cost of Solar Panels For Home and Commercial Use
What are Solar Panels and How Much Do They Cost? In 2020 solar panels cost between $8,700 and $18,000. The total price is driven by total watts, maximum volts, cells, and cell technology (mono or Poly). Other factors include dimensions and frame material such as anodized aluminum. Solar panels take incoming light from the sun and convert it into electricity, which can be used to provide direct power to homes, businesses, and outdoor appliances and gadgets; stored in batteries for later use; or even sent into “the grid” to reduce the strain on existing power plants and put some money back in a solar panel owner’s pockets. These panels are typically fixed to rooftops in a way that will maximize their exposure to the sun, but they can also be set up with motorized and automatic movement to track the sun’s progress across the sky or even as portable arrays that can be moved around outdoor areas. Ongoing improvements in solar panel technology are making them lighter, more efficient, and more affordable with every passing year.
Compare Solar Panel and Solar Power Pricing
The cost of solar panels depends on their size, their efficiency, and the number of panels purchased and installed. There are often rebates and no-interest financing plans available, as well, and solar panels present a long-term cost savings based on the no-cost electricity they produce over their lifetime. Taking these determinations best way to determine cost is to look at price-per-watt—less efficient panels are cheaper up-front but produce less electricity, meaning you’ll get a lower return on your investment that will take longer to achieve. In general, you can expect to pay around $5.00/watt, depending on your region, with a full residential solar array costing several thousand dollars before rebates and energy buybacks and leading to an average savings of about $20,000 over 20 years.
What to Look For in a Solar Panel: As mentioned above, the most important factor to consider when shopping for solar panels is efficiency, as this will determine how quickly you begin to see the payoff and how large that long-term payoff will be. Performance can be affected by hot and cold temperatures and by precipitation, so shop for a solar panel that is optimal for your area’s conditions. Longevity is also important; though technology is continually improving, solar panels are not something you want to replace in the next ten years, so make sure the panels you’re considering have been tested for long-term effectiveness.
You’ll also want to take a look at your rate of energy usage and your rooftop or other proposed installation site to see how large of a solar panel array you can use effectively. Generally speaking, the more panels you have the more power you can generate, but there can be limits to the usefulness of larger arrays for most residential and business uses. Checking with a professional solar panel provider and installation service in your area can help you determine the best way to use your current resources to meet your long-term energy- and cost-saving goals. and to help provide a more environmentally-friendly source of power for future generations.