Solar Panel Pricing Points And Other Considerations

Only if you have been living at the bottom of the ocean for the last one-thousand years, you may have missed hearing all about the advantages of installing solar. If you don’t already have solar installed, there’s plausibly only one thing holding you back, money.  Don't get us wrong, and money is hard to come by.  However, getting solar installed in your home could actually save, and even potentially help you to make money!  

While the price of solar has come down considerably in recent years, it continues a hefty investment for the average household. So how much correctly will your solar system set you back? 

Getting The Scoop On Solar Installation Cost

You have to consider your roof, and the condition it is in when deciding on going solar.  The price of installing a conventional rooftop solar PV system generally ranges between $3,000 and $14,000. The cost mostly depends on your place, as well as the size of system you’re looking to install, the more meaningful the system, the more expensive it will be.

Factors like prices matter in discounts from the Federal Government’s Small-scale Technology Certificate (STC) incentive which you can read more about here. STC’s typically provide an abundant discount (up to many thousand dollars) of a renewable energy generator such as solar panels. Again, this depends on your position and solar PV system scope.

A standard rule, the average cost you should expect to pay for a solar installation is $1.40 per watt (or $1,400/kW). That stated, the price per watt decreases with larger solar systems.

The table below shows current prices for purchasing and installing a solar PV system across the states and territories:

Getting The Scoop Installers Market

Solar panel quality is something to think about when you are planning to spend some serious dollars on solar panels. Not all solar panels are the same. Some have a superior crystalline structure which makes them more efficient at transforming sunlight into usable electricity. Efficient panels are more expensive that inefficient panels.  We really want to have the most efficient panels that our money can buy, so when you are looking at overall cost of your panels make sure you take into the savings side of the equation as well.  

Your panels will have to be installed into something, so you have to think about installation costs as well.  Installation costs are largely dependent on supply and demand. In areas, or at times, where installers have a lot of work to get through, they will tend to charge a higher price. Generally speaking, solar technicians are in lower demand (and therefore cheaper) in the early parts of autumn and spring. Use your brain to find the full spectrum of the term, but may save you more in the long term.short

Let's talk about the length of time of most solar panel guarantees.  There is usually a term period, and this might be it for you.  Most solar systems have a guarantee of 10 to 15 years, and you can usually expect your solar system will pay for itself during this time. After that, any electricity your solar panels generate is pure profit.

The quantity of time it takes for your solar system to pay for itself will depend on your situation. It is much simpler to save with solar if your energy retailer has your back, and that’s why HahaSmart has researched consumer satisfaction with leading solar companies.

Taking the cost of solar panels into consideration is the best way to make sure you know what to pay for your panels.  Now, that you know a lot about the prices available on solar and how to consider all of the variables, contact us here at HahaSmart today, and we will help you get the best price around on the solar panels you want.

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