Cost Breakdown for Solar Panels

Cost Breakdown for Solar Panels

While you research solar panel systems and what may work best for your home, you may ask yourself, why are solar panels so expensive? A variety of factors contribute to the cost of solar panels. It will help you understand the breakdown before you invest so you can get the biggest bang for your buck when it comes to solar energy.

What Factors Affect the Cost of Solar Panels?

As with any significant investment, you want to know where your money is going. Solar panels are growing in popularity every day, saving homeowners large sums of money in energy bills, utilizing renewable energy, and decreasing carbon footprints. But, with all the talk around solar panels, what makes up the cost?

  • Durability: Solar panels are built to outlast even the most extreme weather conditions, including ice, wind, hail, and high heat. Because of the durability, the panels can be installed once and left alone, without a need for maintenance or repair.
  • Size and Wattage: The size and wattage of your panels go into calculating the cost. If you want to cover the average energy use in your home each day, you will need to figure out how many panels to purchase. The more wattage that the panels can take in, the more expensive the panels will be.
  • Installation: It’s unheard of to hear about DIY solar panel installation. If you want your solar panels to last for decades, you will need to pay for professional installation. Highly-trained solar installers will be backed by the warranty, ensuring that if something does go wrong, you can take action on getting it fixed.

As you learn about solar panels and the long-lasting materials that go into saving energy in your home for decades to come, you will better understand the price negotiations. Do not forget about the long-term warranties that prove how high-quality solar panels are. When a manufacturer can stand by their product for 10, 20, or 30 years, you are in for an excellent investment.

For more information about the cost of solar panels and financing options, speak to our representative at New Day Solar. We can help you decide on the right solar panels for your home. Set up a call for a free consultation: (855) 444-6329.

New Day Solar

Posted by New Day Solar
2 years ago / April 19, 2022

At New Day Solar, we are committed to improving the world we live in, as well as helping our community create brighter tomorrows!

With the expertise that New Day Solar provides, as well as the federal tax credits and rebates available, solar electricity is beneficial to everyone. Not only will you help conserve our environment, but you can save some money too! Solar electricity is not just a luxury, but also an investment for your home and country. Electricity is only going to get more expensive, but with help from New Day Solar, you can harness the sun’s energy and use it to your advantage.

Filed Under: Solar Energy System

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