Solar Panel Cost For a 2000 Sq Ft House
There are many different factors to consider when calculating the cost of a solar power system for a 2000 sq ft house. Many of these factors include average solar panel costs per watt, tax credits for installing solar panels, and common mounting methods. Keep reading to find out more about solar panel cost for a 2000 sq ft house. Here are some general guidelines for your calculations. Also, keep in mind that the size of your system will depend on your location and the amount of sunlight you receive.
Calculating solar panel cost for a 2000 sq ft house
There are a number of factors to consider when calculating the cost of installing solar panels for your home. For instance, the number of hours of sunshine your home receives each day will play a huge role in determining how large a solar system you will need. While every home is different, the average house in North America uses between 87 and 1160 kWh of electricity a year.
A 1500 square foot house will require polycrystalline panels that are at least 20 percent more powerful than a standard home. The power range of these panels ranges from 1.2 * 3kW to 3.2kW. Prices per kW can range anywhere from $2.80 to $4.10. The cost of a new solar panel system for a 2000 square foot house can range between $7200 and $20160.
Average cost per watt of solar panels
The cost of installing solar panels in a two-story house can vary widely, but the average is about $26,700. That’s because the cost per watt doesn’t include the labor or overhead of installation. However, there are two basic types of solar panels, monocrystalline and polycrystalline. Both are efficient and look good when installed on a roof. Although monocrystalline panels are more expensive than polycrystalline panels, they have higher efficiency and longer lifespans. Also, monocrystalline solar panels are not as bulky or aesthetically appealing as the other two types.
The cost per watt for a solar panel for a 2000 sq ft house will vary, depending on the size of the house and the amount of energy consumed each month. The cost per watt will also depend on where the solar panels will be located. If the panels are placed on the roof, they should provide a minimum of 30 watts per square foot of roof. A typical home in the U.S. needs about three-quarters of that amount of power. Depending on where you live, however, the cost per watt will be lower if you have an unobstructed view of the sun.
Tax credits available for solar panels
The state of California offers several incentives for installing a solar panel system. The state’s Solar Energy Tax Credit provides property tax relief and an incentive for reducing your electric bill. A solar panel system can cost anywhere from one to 20 kW and can qualify for a ten-year property tax exemption. In addition, the solar system itself is tax-free and the owner of the system can sell the power they generate to participating energy companies.
The federal government has implemented several incentives to help homeowners afford the installation of solar panels. The Federal Investment Tax Credit (ITC) offers a 26% tax credit if you install the system between 2006 and 2023. Many states also have incentives in place for solar installation. Utilities are offering ten to twenty percent rebates on the cost of solar installation. Combined with the tax credit, these incentives can save you up to 50% on the cost of installing solar panels for a 2000 sq ft home.
Common methods of mounting solar panels
There are four common methods of mounting solar panels for a 2000 square foot home. These methods differ in cost and efficiency, and can be costly, but they will provide the most energy for your home. The cost of a tracking solar panel mount ranges from $500 to $3,000. This mounting method follows the sun’s trajectory across the sky, capturing the most sunlight throughout the day. Some experts suggest that this type of mounting is more expensive, but is more convenient for homes in seasonal climates.
Another option is to mount your solar panels using adjustable mounts, which can be tilted to follow the direction of the sun. These mounts cost more than fixed mounts, but are generally more energy efficient. Because they can be adjusted to the sun’s angle, they can boost energy production even more. Adjusting the mount is also very useful when the weather turns bad. Wind can cause damage to your panels.