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 clear takeaway: solar panels really do add value to a home.
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 →
It was a busy week for a fast-growing industry that began its transition to a new presidential administration, following the recent inauguration of Donald Trump. A new 100% renewable energy target for Massachusetts, the record pace of job growth for wind and solar and Apple’s new solar power plant are the headlines we’re discussing from this week’s Solar Industry Report.
The Mass Save energy assessment program is Massachusetts’ all-encompassing energy efficiency campaign, and is sponsored by both your electric utility and energy efficiency providers. The program is available to renters, homeowners, and businesses across Massachusetts. Here’s the complete breakdown of all the different measures that you can take to reduce your energy use and resultant utility bills through the Mass Save program in 2017. Continue reading →
If you’re shopping for a solar energy system, one of your first questions is probably, “how much will it cost?” Prices depend on the size of your system, the type of equipment you choose, and the state that you live in, but reviewing prices for a 4 kilowatt (kW) system is a great place to start for many smaller homes. Learn more about how much a 4 kW solar system costs, how much electricity a 4 kW system will produce, and the smartest way to shop for solar.
You may be looking for the cheapest solar panels available in 2016 in order to really cash in on solar power. And sure, when you install solar on your home or business, you can save thousands on your electricity bills. But going solar isn’t automatically cheap: buying solar panels to install on your roof typically costs thousands of dollars. It’s no wonder that the cost of solar is among the most important considerations for today’s homeowners. If you’re thinking about going solar and worried about prices, you’re probably wondering: what are the best value solar panels and will solar get even cheaper?
There are many reasons to go solar. A solar panel system is a smart investment that can reduce electricity costs, increase the value of your property, and reduce the environmental impact of your electricity use. Luckily, solar power isn’t just for single-family homes – you can make the transition to solar even if you live in a condo association.
The biggest annual conference in the solar industry, Solar Power International, was this week, and with SPI’s industry buzz came a number of exciting developments in solar. A major net metering win for Nevada homeowners, a new wearable textile that can integrate solar cells and news of North Carolina dethroning Arizona as the number two state for solar are the headlines we’re talking about in this week’s Solar Energy News report.
In some cases, the bitter cold months are actually the best time to go solar. EnergySage solar shoppers often see the lowest price on solar quotes during winter months
Memories of cold, snowy winters past can be discouraging even for the hardiest homeowner. If you’re considering going solar, you might be wondering whether solar panels and snow are a bad combination. On the contrary, EnergySage marketplace data has indicated that solar shoppers can often find the lowest quotes during winter months when competition is reduced. After all, if you look at solar as an investment, then it should be able to generate returns throughout the year as other investments do. Luckily, plenty of people have both solar panels and snow, and some of the most popular regions in the U.S. for solar have snowy winters. Don’t let winter weather discourage you from going solar!
For the everyday solar enthusiast, the past two weeks have been a handful with more developments and announcements than one can count. A solar device that purifies water, steep solar growth in Virginia thanks to a green-happy Governor and news of layoffs for SolarCity following the company’s acquisition by Tesla are the headlines that caught our eye in this week’s Solar Energy News Report.
If you have high electricity bills, installing a 15-kilowatt (kW) solar energy system on your home can be a great way to significantly reduce your monthly costs. In order to maximize your long-term solar savings, you want to be confident that you’re getting a good price for your solar energy investment. The best way to feel confident about your purchase: compare multiple offers for 15 kW solar systems against the prices that other solar shoppers in your area have been offered. Learn more about the cost of a 15 kW solar system in your area, the amount of electricity you can expect your 15 kW system to produce, and the smartest way to shop for solar in EnergySage’s guide to 15 kW solar panel systems.
How Much Does a 15kW Solar System Cost in 2017?
As of January 2017, the average cost of solar in the U.S. is $3.26 per watt ($48,900 for a 15 kilowatt system). That means that the total cost for a 15kW solar system would be $34,230 after the 30% Federal ITC discount (not factoring in any additional state rebates or incentives).