Three Factors That Can Reduce the Solar Installation Cost of a Home
The solar installation cost for any home has dropped dramatically in recent years. This is due to government incentives and lower energy prices. With these reduced costs and tax credits, the solar installation cost for most homes can be very affordable. Unfortunately, not everyone follows the installation instructions and end up with a solar home disaster. So what do you need to know? How do you find a solar installation quote that is right for your home? Continue reading this article for more info.
The average solar installation cost for a residential home in Arizona is now a mere five-kW system. For Arizona residents, this means an investment of about two-hundred dollars. For people who have followed all the installation instructions to the letter, this cost can be lowered as much as sixty percent.
One reason for the solar installation cost decreasing for residential homes is the simple, yet powerful, concept of net metering. When you purchase your panels, they come with a built-in three-year renewable energy credit meter. You can use this meter to offset your electricity usage when you bring the solar panels down to your roof. Over the course of three years, you can bring down your panels to your roof so that they are only generating electricity during the hours that your house is open. If you leave the panels on the roof all day, you can still earn the benefit of having more free electricity during the night, when you are not using the panels.
Another important factor for the solar installation cost of a home in Arizona is the state tax credit. The state tax credit for residential energy systems is fifteen percent. The solar cost can drop as much as forty percent just from this state tax credit. This means a significant savings for the home owner who installs the system. When combined with the tax credit, and the incentive money that some states offer, this can make a big difference in the overall cost of the project. Therefore, working with experts such as Blue Raven Solar has a lot of benefits.
Finally, the third factor that can reduce the solar installation cost of a home is the number of electricians that will be required to complete the project. If you elect to use and hire one contractor to do the installation, you can cut the cost of the project by almost one-third. If you elect to use two contractors, you can get a significant reduction in cost. The better contractors will even help you with the design and wiring. This will allow you to get your solar panels installed, wired together, and installed correctly on the roof of your home.
It's easy to see that there are many ways to lower the solar installation cost of a home. In most cases, this is due to reducing the size of the project, and the number of electricians to pay. The three factors mentioned above alone can add up quickly, but there are other things that you can do as well. If you take a little time to explore your options, you can find some great ways to lower the average cost of installing solar panels. Check out this related post to get more enlightened on the topic: https://en.wikipedia.org/wiki/Solar_power.
