Are Solar Panels Worth The Cost Reddit

As of january 2018 the average cost of solar in the u s.

Are solar panels worth the cost reddit.

That means that the total 5kw solar system cost would be 10 990 after the 30 federal itc discount not factoring in any additional state rebates or incentives. Another reason why i would say that these are not worth the cost and time is the reason that because of these panels a user comes in debt to twice the price. Discussion of solar modules solar energy solar power solar heating pv off grid systems and more. And while the cost of solar panels has dropped more than 70 since 2010 according to the solar energy industries association batteries can cost as much as 10 000 to 15 000 including installation according to solar united neighbors.

While cheap solar panels might feel like the easiest way to save some cash your total 20 year savings will often be higher if you invest in high quality equipment. How much does a 5kw solar system cost in 2018. In those events you have to rely on a generator or buy a battery backup for your solar system. Keep this figure handy.

In the end we ll compare it to the cost of owning solar over the same time period so you can determine if solar panels are worth it in the long run. Is 3 14 per watt 15 700 for a 5 kilowatt system. How much does the solar panel system cost. Improvements to designs and cost reductions are happening rapidly.

You re not 100 dependent on the solar panels especially during winter due to cloudy weather which blocks the sun rays from reaching the earth s surface. Installation prices will vary significantly depending on the solar company you choose and the equipment you install.