Category Archives: Cost Benefit

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

off grid with solar

Going off-grid with solar: what does it mean and how much will it cost? (Part 2)

This is Part 2 of a two-part series that explores the economics of going completely off-grid with solar. Part 1 focuses on what it actually means to go “off-grid” and how to start thinking about calculating the costs for cutting the cord with your utility. Part 2 discusses two real-world examples of sizing an off-grid solar energy system, along with the feasibility of going through with an off-grid solution. Check out Part 1 here.

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off grid with solar panels

Going off-grid with solar: what does it mean and how much will it cost? (Part 1)

This is Part 1 of a two-part series that explores the economics of going completely off-grid with solar. Part 1 focuses on what it actually means to go “off-grid” and how to start thinking about calculating the costs for cutting the cord with your utility. Part 2 discusses two real-world examples of sizing an off-grid solar energy system, along with the feasibility of going through with an off-grid solution. Check out Part 2 here.

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solar tax credit commence construction

An overview of the “commence construction” clause

The country’s best solar incentive, the federal investment tax credit (ITC), is in the process of winding down. 2019 is the last year you can claim the full 30 percent tax credit. Starting next year, the credit drops to 26 percent, to 22 percent in 2021, and disappears entirely for homeowners in 2022. This impending deadline has prospective solar shoppers rushing to take advantage of the maximum credit while they still can – but how can you make sure you’re eligible for the 30 percent credit? 

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itc stepdown

Federal ITC stepdown: comparing savings between 2019 vs. 2020

Because the cost of solar continues to decline, one question we field a lot at EnergySage is whether you should wait to install solar panels. And for anyone asking that question in 2019, the answer is as soon as possible: given the looming step-down and expiration of the federal investment tax credit (ITC), solar shoppers who wait until 2020 or later to move forward will be missing out on major tax savings – but just how much?

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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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25kw solar energy system

How much does a 25,000 Watt (25 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 25 kilowatt (kW) system is a great place to start for many smaller homes. Learn more about how much a 25 kW solar system costs, how much electricity a 25 kW system will produce, and the smartest way to shop for solar.

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solar panels for businesses

Solar panels for businesses: does commercial solar make sense?

If you’re a business owner, the concept of “solar panels for businesses” might seem like a risky move in a complex and confusing market. You may have heard about major Fortune 500 companies going solar, but thought that it might not be feasible for your organization. Maybe you’re considering installing commercial solar panels at some point in the distant future, when your organization can afford to make a major investment in something that seems like an environmental “good” rather than a strategic financial decision.

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4.5 kw solar system

How much does a 4,500 watt (4.5 kW) solar system cost in 2019?

For many households in the United States, a 4.5 kW solar system is the right size to significantly cut electricity costs. Want to know the best way to ensure you’re getting the right price for your solar panel installation and maximizing your long-term savings? Compare your solar quotes with the prices that other solar shoppers paid for their 4.5 kW solar systems near you. Learn more about the cost of a 4.5 kW solar system, how much electricity your 4.5 kW system can produce, and what the smartest way is to shop for solar.

How much does a 4.5kW solar system cost in 2019?

As of July 2019, the average cost of solar in the U.S. is $2.99 per watt ($13,455 for a 4.5 kilowatt system). That means that the total cost for a 4.5kW solar system would be $9,419 after the 30% Federal ITC discount (not factoring in any additional state rebates or incentives).

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7kw solar energy system

What does a 7,000 watt (7 kW) solar system cost in the U.S. in 2019?

If you’re looking to install solar panels on your roof, a 7-kilowatt (kW) solar energy system can be the right size to significantly reduce your electricity costs. Want to know the best way to ensure you’re getting the right price for your solar panel installation and maximizing your long-term savings? Compare offers for 7 kW solar systems with the prices that have been quoted to other solar shoppers in your area. Find out more about the cost of a 7 kW solar system, how much electricity you can expect your 7 kW system to produce, and the smartest way to shop for solar in EnergySage’s 7 kW solar panel system guide.

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8kw solar energy system

What does an 8,000 watt (8kW) solar system cost in 2019?

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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