Solar Panels Sandy Ut – Cost of Solar Power System
Solar Energy is a great way to make an impact on your home neighborhood and most importantly, your planet, save planet and use our solar panel services. We often get asked how much it would cost to install enough photovoltaic (PV) solar panels on a house or business building to generate one’s own electrical energy. We’ve developed some simple guidelines (below) that will help put cost in perspective. In the USA, a rule of thumb is that the average house consumes electricity at the rate of 1 kW per hour (kWh). There are about 730 hours in each month, and the average price of a kWh of electricity is $0.10. So an average monthly bill would be around $73 for 730 kWh of electricity.
Of course, this can vary considerably if you have non-standard items such as a hot-tub, or some electrical appliances running continuously. Extended computer use, plasma screen TVs and video games consoles can also make an impact. Your usage will increase significantly in months when you run an air conditioning unit, as well. Finally, the cost of electricity varies widely across the USA, from as low as $0.07/kWh in West Virginia to as much as $0.24/kWh in Hawaii.
Not all locations are the same for producing solar power. Some locations in the United States are much more favorable than others and Utah is one of the states. Figuring out the real cost of solar panels involves a complicated calculation. You need to consider certain variables like the cost of materials, the installation cost, maintenance cost, as well as energy savings. Perhaps you should also consider the added value to your property once panels are installed.
Take a look at your recent electricity bills to determine the average amount of energy per month the household consumes. From there, decide how much direct energy from the sunlight you want to utilize per month. On average, contractors sell about $6-9 per watt of solar energy. The actual cost will vary with the kind of panels purchased, the size of your house, and the geographic location of your house. Also, note that the US, the Federal solar tax incentive is 30 percent of the total cost of installation. Taking all the incentives, rebates and assistance, your investment could be recouped in a short period of time following panel installation.
Let’s say that panel installation costs you $21,000 (after tax rebates). If your average monthly utility bill is about $250, which is $3,000 a year, that’s only about 6 years of recouping your return of investment. And if you can save $3,000 a year, multiply that by 20, your home is increased in value by about $60,000! You will be able to heat your water, power up your appliances, run your multimedia players-all for free. With that in mind, you shouldn’t dwell on how much does solar power cost, but rather focus on how much money you will save in the long run!
Are you looking for the right home solar power system to suit your needs? Solar Panels Sandy Ut helps you in providing best Solar Power System.