Tag Archives: 6kW solar system

New Report Says Solar Panels Increase Home Value

Solar increases property value graphic EnergySage

Installing solar panels can significantly increase your property’s value, according to a new study from the Lawrence Berkeley National Lab (LBL). The report, titled “Selling into the sun: Price premium analysis of a multi-state dataset of solar homes“, builds on previous research which concluded that homes with solar panels in California sold for more than those without.

In addition to California, the new study investigates home pricing trends Connecticut, Florida, Massachusetts, Maryland, North Carolina, New York and Pennsylvania by analyzing the sales of over 20,000 homes in these states. LBL’s analysis of the housing markets in these other states shows that the premium paid for homes with solar is not a phenomenon isolated to the Golden State.

The takeaway is this: If you are thinking about purchasing a solar system for your home, the study’s conclusions should give you a boost of confidence that you are making a smart investment. LBL finds that homes with solar panels will benefit from a ‘solar premium’ when they are sold because buyers are willing to pay more for a home with solar panels. Continue reading

Solar Cost Terminology: Cost Per Watt, $/W and LCOE

What should you look at to determine if you’re getting a good deal on solar? There are lots of things to pay attention to when deciding on a solar energy system; but two of the most useful metrics for evaluating the cost and value of a solar power offer are price per watt, measured in dollars per watt of energy ($/W), and ‘levelized cost of energy’ (LCOE).

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How Much Does a 6,000 Watt (6kW) Solar System Cost in 2017?

6kW solar system EnergySage

If you’ve been looking into going solar, you’ve probably at some point seen quotes for a 6kW solar system. 6kW solar systems are one of the most popular system sizes in the US because in most places they will produce about the right amount of electricity to meet an average household’s daily electrical needs.

Solar leases & PPAs have made going solar accessible for virtually anyone with a roof, but what if you’re thinking about purchasing a system? Since you’ll probably be spending your own money, you’ll want to be extra selective about the installer who does the job and the components that are used.

This article investigates these questions: 1) How much does a 6kW solar system cost, 2) how much electricity will a 6kW system produce, and 3) how do you know you’re getting the best deal? Continue reading