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Solar Panels Price

Felicia Said:

What price range can I expect to pay to have solar panels installed?

We Answered:

The price range is between $7,000.00 and $10,000.00 Check with your utilities company. In Austin TX they pay up to 75% of the cost. Definitelly worth the shot.

Good Luck

Heather Said:

How long do you think it will take solar panels to come down in price significantly?

We Answered:

Not long. The technology is steadily approaching the level where it's cost competitive with coal. There are several advancements like thin film technology which are rapidly bringing the price down. I'd say around 5 years.

John Said:

Price and energy production of solar panels?

We Answered:

A small panel will not produce much power. When people put solar electric panels on their house with the goal of saving money, they generally put up a lot of large panels - 200 or 500 square feet worth. Its hard to save money with just one panel.

The only way to get close on how much it will cost and whether that represents a savings is to get out your electric bills for the past year, and call a local solar installer for a quote. The system on our house cost $20,000 and we got back $8,000 in incentives, so $12,000 net. It can save money, but that will be over many, many years.

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