Tag Archives: solar panel cost

how much do solar panels cost

The cost of solar panels in 2021: what price for solar can you expect?

Reading Time: 10 minutes

With the cost of solar panels dropping every year, there’s never been a better time to go solar. A solar panel installation ranges in cost depending on a number of factors, including the size of system you want to install, your geographic location, and the type of equipment you want. That all brings us to the key question: how much do solar panels cost? In this article, we’ll break down the cost of solar by system size, state, and panel brand, all of which can significantly impact your final cost of solar panels. We’ll also dive into a few other factors that impact the cost you’ll pay for a solar installation.

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SolarApp+

SolarApp+: fast tracking solar across the United States

Reading Time: 4 minutes

In July 2021, the Department of Energy (DOE) kicked off the Summer of Solar 2021–a national campaign aimed at progressing the Biden Administration’s goal of achieving net zero carbon emissions by 2050 through the expansion of solar energy. While the cost of solar has continued to decrease each year in the US, delays in the solar permitting process have made it difficult for the US to achieve costs as low as some other countries, such as Australia. To kick off the Summer of Solar, the DOE launched a tool to help expedite this process: the Solar Automated Permit Processing Plus (SolarApp+).

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federal solar tax credit

The solar tax credit: a federal energy tax credit for going solar

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The investment tax credit (ITC), also known as the federal solar tax credit, allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes. The ITC applies to both residential and commercial systems, and there is no cap on its value. The average EnergySage Solar Marketplace shopper saves nearly $9,000 on the cost of going solar as a result of the ITC.

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buy or lease solar panels

Should you buy or lease your solar panels?

Reading Time: 4 minutes

Whether you buy a system or lease it, going solar is one of the best ways to save on electricity bills. That said, the financing option you choose influences a number of factors, including  the costs, maintenance responsibilities, terms, savings, and the return on investment (ROI) of your solar panel system. 

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cost of solar equipment declining over time

How have solar equipment costs declined over time?

Reading Time: 3 minutes

Over the last decade, the costs of solar have decreased from over $8 per Watt in 2009 ($/W) to $2.75/W in 2019 on EnergySage, a decline of more than 65 percent in 11 years. Over this timeframe, a primary driver of the declining cost of solar in the US has been technological improvements in the actual hardware that’s included in solar energy systems: solar panels and solar inverters.

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when to go solar

When should you go solar?

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Since the cost of going solar falls every year, many homeowners wonder: should I buy solar now or wait to save money on installation costs? There are many variables that influence the total financial returns you can expect to see from solar over its lifetime, all of which you should take into account when making your solar decision.

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comparing the price of solar panel systems

Why is my solar panel system more expensive than my neighbors?

Reading Time: 3 minutes

It probably doesn’t surprise you to learn that the cost of solar varies by state, but what other factors make a solar panel system more or less expensive? If you’re comparing quotes with your neighbors and notice a big difference in cost, it’s probably due to one of five main factors:

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increasing solar costs after a site visit

Why did my cost to go solar increase after a site visit?

Reading Time: 4 minutes

Many shoppers, especially those using EnergySage, receive all of their initial solar quotes online before ever having a company visit their property. Occasionally, we hear back from customers about instances where they received an original, online quote for one price and, after a site visit from the installation company, the price increased. What happened?

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intel report highlights

Highlights from the ninth EnergySage Solar Marketplace Intel Report

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This week, EnergySage released our ninth Solar Marketplace Intel Report. The publicly available report provides data on the state of the solar market nationwide and at the state level. In this report, we introduced a number of new analyses, from a direct comparison of EnergySage quote data to installed cost data nationally, to a breakdown of the quality of equipment quoted and installed both on and off the EnergySage Marketplace. A couple of key takeaways are outlined below, and we look forward to your analysis and feedback on the report.

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