What Does It Cost to Install Solar Panels?
If you want to join the green revolution by going solar, one of your first questions may be how much solar panel installation costs. Despite the initial costs, home solar panels offer clean energy, self-sufficiency, and a great way to save both the planet and your pocketbook.
Call 720-504-0005 today to hire the premier solar company in Denver, Boulder, and the surrounding area: ARE Solar!
Types of Solar Panel Systems for Homes
Homeowners can choose between two major types of solar panel systems: grid-tied and off-grid. ARE Solar can help you determine which option will work best for you.
Grid-Tied System
In a grid-tied setup, your solar photovoltaic (PV) system connects to the state or local power grid. As you increase the number of panels and the size of your system, your electricity bills will decrease.
On days that your system generates surplus power, it goes back to the grid. This arrangement earns you credits against future charges for electricity, reducing your dependency on conventional electricity infrastructure.
Off-Grid System
An off-grid solar system is ideal for homes in remote geographical areas that can’t connect to existing electrical infrastructure. Batteries and backup generators are essential in off-grid systems.
Which System Should I Choose?
You can customize both types of solar panel systems to alter their costs, sizes, and other attributes. If you don’t know which type of solar panel system to purchase, our solar panel experts at ARE Solar can guide you.
Home Solar Panel Costs
The cost of solar panels for homes has come down over time, making PV systems a more viable investment for homeowners. Still, a solar power system consists of more than just solar panels. Some other crucial components include:
- Solar inverters
- Monitoring equipment
- Racking and mounting
- Batteries
- Charge controllers
- Wiring
The average solar panel installation cost for systems with battery storage sits at about $21,000. However, this may vary depending on several factors, including:
- Type of installation
- Home location
- Energy usage
- Size of the solar panel system
- Battery manufacturer
Additional Solar Panel System Costs
Don’t forget to factor in the cost of the following:
- Labor costs
- Design fees
- Local permit fees
- Inspection fees
- Taxes
Almost all municipalities require a permit for solar panel installation. In most cases, the homeowner must submit plans to the city to obtain the permit.
Fortunately, with more homeowners harnessing solar energy every day, the costs have plummeted over the past three decades. Solar panels often unlock tax breaks, rebates, or subsidies. These programs attempt to offset the initial cost of purchasing and installing solar panels.
ARE Solar | Your One-Stop Solar Panel Installation Company in Denver, CO
ARE Solar is the leading renewable energy provider serving Denver, Boulder, and the surrounding areas. We work with homeowners and business owners to make solar power accessible to everyone by helping you take advantage of tax breaks and incentives. Call our expert team of solar panel professionals at 720-504-0005 for a free estimate of your total solar panel installation cost.