Tag Archives: nrel

What Will a 10,000 Watt (10 kW) Solar System Cost in Your State in 2017?

10kW solar systems EnergySage

10kW solar systems are among the most popular solar energy system sizes in the country, producing enough electricity to power a home with slightly above-average electricity consumption. How much does a 10kW solar system cost? How much electricity will a 10kW solar system produce? How do you know you’re getting the best deal on a system? These are some of the key questions we will answer in this article.

How Much Does a 10kW Solar System Cost?

As of January 2017, the average cost of solar in the U.S. is $3.26 per watt ($32,600 for a 10 kilowatt system). That means that the total cost for a 10kW solar system would be $22,820 after the 30% Federal ITC discount (not factoring in any additional state rebates or incentives).

Continue reading

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

Solar Energy News: GOP Has First Clean Energy Super PAC, ITC Extension Will Reduce Emissions by 1,400M Tons

GOP republican candidates clean energy super pac announcement

The sun is shining on the U.S. solar industry this week. A major Republican initiative for clean energy, the lowest PPA price ever seen for solar, and solar outpacing natural gas in 2015 are the key headlines from this week’s Solar Energy News.

Continue reading

Solar Energy News: Stock Analysts Predict Fossil Fuel Takedown by Solar, NREL Breaks Efficiency Record

Solar Energy News and Solar Stock News EnergySage

With the New Year underway and strong momentum into 2016, the solar industry is poised for impressive growth. Record-breaking conversion efficiency, potential state tax credit extensions in New Mexico and bold predictions from market insiders are the solar headlines that you need to know about in this week’s Solar Energy News.

Continue reading

New NREL study highlights benefits of solar loans vs solar leases & PPAs

solar loan vs lease

Solar loans are gaining popularity as a solar financing option across the country. Because of the superior savings and similar benefits that solar loans promise, some industry analysts now predict that they will overtake third party-owned (TPO) solar leases and power purchase agreements (PPAs) as the dominant option for solar financing in the USA within a few years.

A new report from the National Renewable Energy Laboratory (NREL) examines this phenomenon and sheds more light on the possible advantages of financing your solar system with a loan as opposed to TPO solar lease / PPA.

The most important conclusion of the report is this: While going solar with either of these options is likely save you money on your electricity bills, financing your system with a solar loan could save you up to 30% more than if you go solar with a solar lease or PPA. Continue reading