Solar Panels For an 1800 Sq Ft Home – What You Need to Know
There are several things you need to know before deciding on installing solar panels on your 1800 square foot home. First, you must determine your energy consumption. Typically, energy use is measured in kilowatt hours (kWh). Your monthly electric bill will show you this number. Use that number to design your solar system. Keep in mind that winter and summer bills are typically higher due to running the A/C and heat.
Cost of installing solar panels
Solar systems are becoming more affordable, thanks to federal tax credits. Many companies offer solar purchase power agreements, allowing homeowners to pay no money upfront and immediately start saving on utility bills. Not to mention, the energy bill savings can significantly increase a home’s value.
Cost per watt of solar panels
If you’re interested in installing solar panels on your home, one of the first questions you should ask yourself is: How much does a solar panel cost per watt? You may be surprised to learn that solar costs are not directly related to square footage but rather to the number of watts it produces. The average cost of solar panels for an 1800 square foot home ranges from $1,347 to $3,500. Depending on your location, the total cost of installing solar panels may be considerably more or less than these averages.
Size of solar panel system
When planning a solar panel installation for your home, you need to know how much energy you use. Electric bills will tell you how many kWh your house consumes each month. You should base your system design on your last twelve months of electric bills, as these can be quite different during the summer and winter. The average amount of energy used per square foot is roughly 100-150 kWh/m2.
Cost per watt of monocrystalline solar panels
The cost per watt of monocrystalline solar panels for an 1800-square-foot home depends on a few factors. First of all, the amount of power your home can use should be determined by your usage patterns. A house with more than 2,000 square feet would require panels with up to 1.2 kW of power. The price per watt of monocrystalline solar panels for an 1800-square-foot home varies between $7200 and $20160 for a new installation.
Cost of polycrystalline solar panels
For a 1500-square-foot house, polycrystalline panels are best. These panels generate electricity at a rate of about $0.50 per watt. However, they are bulky and unattractive when installed on the roof. In addition, polycrystalline panels contain fragments of silicon crystal, which makes them less efficient and less expensive. However, their larger size and lower cost make them attractive to many homebuyers.
Cost of leasing solar panels
When leasing solar panels, there are two main types of agreements: operating leases and fixed-rate loans. Operating leases are beneficial to low-income individuals and businesses, while fixed-rate loans have advantages for entities with low tax liabilities. In most cases, solar leases do not require a down payment, and the lease payment will increase every year. However, the interest rate on leasing solar panels can be higher than that of fixed-rate loans.