How Much Do Home Roof Solar Panels Cost?
How much do home roof solar panels cost? This article will cover the average price of solar panels, the type of system to buy, the return on investment, and the brands of panels to consider. Once you know the costs, you can decide whether home solar panels are the right option for your home. Let’s get started! – What’s the Average Price of Solar Panels? – How Much Will a Home Roof Solar Panel System Save You?
Average price of solar panels
The average price of home roof solar panels depends on several factors. These include solar panel type and efficiency. Monocrystalline solar panels cost approximately $1 to $1.50 per watt and are space-efficient. They have single-cell structures and a black hue. The downside of monocrystalline solar panels is that they don’t last nearly as long as polycrystalline panels. The good news is that the cost of a single-cell system is far less than those of polycrystalline panels.
Size of system
The size of home roof solar panels system is based on several factors, including energy usage, square footage of the roof, and the amount of sun that hits the area. Homeowners in Maine typically use higher-rated panels to maximize their energy production and minimize the need for additional solar panels. High-rated panels also generate more electricity and wattage, meaning fewer panels are needed to produce the same amount of energy.
Return on investment
Many people think of the return on investment of home roof solar panels as the amount they will save on their electricity bills every month. However, it is important to understand that the ROI of home roof solar panels is not only a monetary one. There are environmental benefits associated with solar energy, which is hard to quantify with a simple payback period. But, if you are considering installing a home solar installation, these facts may be useful in making your decision.
Brands of solar panels
Despite the fact that there are many brands of solar panels for your home roof, you should know that Canadian Solar, LG and REC are among the best. These companies are well-known for their superior cell technology and excellent warranties, and their panels are very affordable compared to others. However, if you want a longer warranty, you should consider a premium brand, such as Trina Solar or Panasonic.
Installation time
Installing home roof solar panels is relatively quick, taking just two to five days from start to finish. The installation time is based on the size of your system and any site-related issues. Once the installers have climbed your roof, they will install the panels, wire your home, and check your system to ensure it is safe. Once the installation is complete, your installer will return to inspect the system to ensure everything is installed properly and to code.
Rebates available
Hundreds of utility companies are offering rebates for home roof solar panels. Xcel Energy in Colorado is offering a program called Solar Rewards, which commits to buying renewable energy credits from customers who install solar panels. In New York, the Long Island Power Authority has a feed-in tariff program to support residential solar energy.