Category Archives: Cost Benefit

Articles concerning the pricing of solar and the economic benefits of going solar.

cost of solar equipment declining over time

How have solar equipment costs declined over time?

Over the last decade, the costs of solar have decreased from over $8 per Watt in 2009 ($/W) to under $3/W in 2019 on EnergySage, a decline of more than 60 percent in ten 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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solar massachusetts smart

Solar Massachusetts Renewable Target (SMART): Massachusetts’ SREC II replacement program

Massachusetts has always been one of the best states for solar. Not only does the Bay State have the high electricity rates that lead to a short payback period for your solar investment – it also has a history of having strong solar incentives for property owners looking to own a solar panel system.

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solar panel cost

How much do solar panels cost in the U.S. in 2020?

You’ve probably heard about how solar energy can reduce your electricity bills, but what solar panel cost should you expect to see? The easiest way to calculate the average cost of solar panels is to look at its price in dollars per watt ($/W), which is relatively consistent across the United States.

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is solar worth it

Are solar panels really worth it?

Every solar company has a variation of the same sales pitch, “did you know going solar can save thousands of dollars?” They make it sound so easy, but the truth is, whether solar is a smart long-term investment for you depends on a few major factors. So before you buy into the hype, we recommend you use this simple guide to cut through the sales jargon and determine if solar panels are actually worth the money.

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maryland srecs

SRECs in Maryland: prices, projections, and program status

If you’re considering installing solar in Maryland, one incentive you should be aware of is solar renewable energy certificates (SRECs). Maryland is one of the few states that offers this performance-based incentive to people generating solar electricity. Property owners in Maryland who buy and install a solar panel system can earn hundreds of dollars each year by selling the SRECs their system generates.

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2kw solar energy system

How much does a 2,000 Watt (2 kW) solar system cost?

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 2 kilowatt (kW) system is a great place to start for many smaller homes. Learn more about how much a 2 kW solar system costs, how much electricity a 2 kW system will produce, and the smartest way to shop for solar.

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3.5 kw solar system

What does a 3,500 Watt (3.5kW) solar system cost in the U.S. in 2019?

3.5 kW solar systems (or 3,500 watts) are the average consumption size for smaller households. When you decide to invest in home solar panels, the cost to install the system on your roof is one of the biggest factors determining your long-term solar savings. Want to know the best way to ensure you’re getting a good deal? Compare your solar quotes with the prices that other solar shoppers paid for solar systems in your neighborhood. Learn more about the cost of 3.5 kW solar systems, how much electricity they can produce, and what the smartest way is to shop for solar. 

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8kw solar energy system

What does an 8,000 watt (8kW) solar system cost in 2020?

For many homeowners who want to install solar panels on their roofs, an 8-kilowatt (kW) solar energy system is the best size to significantly reduce electricity costs. Getting the right price for your solar panel installation and maximizing your long-term savings is easy when you compare your offers with the prices that other solar shoppers in your area see. Find out more about how much an 8 kW solar panel system costs; the amount of electricity you can expect your 8 kW system to produce daily, monthly, and annually; and the smartest way to shop for solar in EnergySage’s 8 kW solar panel system guide.

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15 kw solar system

How much does a 15000 watt (15kW) solar system cost?

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. 

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