Are you considering switching to solar power, but wondering why solar panels are so expensive? Custom Solar Solutions is here to break it down for you and explain the true costs of a solar system. Solar panels themselves have actually decreased in cost over the years, thanks to advancements in technology and increased production. However, there are still other costs that make up the total price of a solar system, including installation, inverters, wiring, and other equipment needed to convert the energy from the solar panels into usable electricity. These costs are known as “soft costs” and can often make up a significant portion of the total cost of a solar system.
Despite these higher upfront costs, solar energy can still save you money in the long run. The amount you save will depend on several factors including your location, energy usage, and the size of your solar system. In the United States, the average residential solar system costs around $18,000 before incentives but can result in savings of up to $30,000 over the life of the system.
One of the biggest benefits of solar energy is that it is a renewable energy source, unlike fossil fuels which are finite and are becoming increasingly expensive to extract. Not only is solar energy better for the environment, but it can also help reduce your carbon footprint and combat climate change.
Another factor that can impact the cost of a solar system is the addition of a solar battery. While not necessary, a solar battery can store excess electricity generated by your solar array, allowing you to use it later when the sun is not shining or during power outages. This can provide additional savings on your electricity bills and increase the value of your solar system.
To help offset the higher upfront costs, there are also various financial incentives available for homeowners who install solar panels. These can include federal tax credits, property tax exemptions, and net metering programs offered by utility companies. However, it’s essential to do your research and work with a reputable solar installer to ensure you are taking full advantage of these incentives.
At Custom Solar Solutions, we are dedicated to helping homeowners make the switch to clean, renewable energy sources. Our solar panel systems are designed for maximum efficiency and have a 25-year warranty. We also take care of the entire installation process, from designing your system to securing permits and completing the final inspection.
So why are solar panels so expensive? While there are certainly higher costs involved, the benefits of solar energy far outweigh those costs. By reducing your dependence on traditional electricity sources and decreasing your carbon emissions, you can help create a cleaner, more sustainable future for generations to come. Contact Custom Solar Solutions today to learn more about how solar energy can benefit you and your home.