The home installation of a high-quality solar power system can reduce or eliminate dependence on the utility power grid that supplies electricity to light, heat, cool, and operate your home.
Knowing the different parts of a solar power system is the first step to choosing the best one. A grid-tied solar energy system includes solar panels, inverters, racking, a net meter, and a solar performance monitoring system. You'll need additional solar battery storage and a charge controller for hybrid and off-the-gridded systems.
What kind of solar power system would be best for my home?
What kind of solar power systems would be best for your home depends on which features you're looking for. If you want to reduce your electricity bills using renewable energy, a grid-tied photovoltaic (PV) solar power installation may be right for you.
We'll break down everything you need to know about solar equipment to prepare you. You need solar panels, inverters, racking equipment, and performance monitoring equipment to go solar. You also might want an energy storage system (aka solar battery), especially if you live in an area that doesn't have net metering.
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Solar panels typically cost between $18,500 and $20,000 without considering government rebates or tax credits. You could spend an additional $10,000 to buy a battery for your system. Off-grid systems are usually more expensive than grid-connected ones because they require more solar panels and battery capacity to power your electricity needs.
How much does a residential solar system cost?
Residential solar power system installations result in a clean, renewable energy source that requires minimal maintenance with savings that could pay back the initial investment in just a few years! Most professionally installed solar panel systems cost between $18,000 and $20,000 before factoring in any rebates or incentives.