Related Articles

More

Related Categories

More

Recently Added

More

Solar Energy For A Home

Yvonne Said:

how much does it cost approx. to install an independant solar solution for home energy?

We Answered:

$20-30,000

Tommy Said:

I'm interested in Solar energy for home use, where do I get it for a low cost?

We Answered:

In NY I can get a DIY kit for about $6/watt, so a 10KW system, which is quite large, will cost $60,000. The utility gives me a $35,000 rebate, reducing the cost to $25,000. The state gives me a $5,000 tax credit, and the Fed gives me a $7,500 tax credit, so my final cost is $12,500.
That system in NY will produce 12,730 Kwh/yr or $2,800 worth of electricity, for a 4.5 year payback.

The point is, rebates and tax credits will dictate the cost much more than any "bargain" you may find.

Discuss It!