Category Archives: Cost Benefit

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

3kw solar energy system

3,000 Watt (3kW) solar systems: compare 2020 prices and installers

Reading Time: 3 minutes

If you have high electricity bills, installing a 3,000 watt (3 kilowatt) 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 3 kW solar systems against the prices that other solar shoppers in your area have been offered. Learn more about the cost of a 3 kW solar system in your area, the amount of electricity you can expect your 3 kW system to produce, and the smartest way to shop for solar in EnergySage’s guide to 3 kW solar panel systems. 

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itc savings 2020 vs. 2021

Federal ITC savings: 2020 vs. 2021

Reading Time: 4 minutes

One question we field a lot at EnergySage is whether it’s the right time to install solar panels. For anyone asking that question in 2020, the answer is often as soon as possible: given the looming step down and expiration of the federal investment tax credit (ITC), solar shoppers who wait until 2021 or later to move forward will be missing out on major tax savings – but just how much?

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Understanding the solar panel payback period

How to calculate solar panel payback period (ROI)

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The financial benefits of going solar are now well documented. Solar panel systems actually function as investments with strong rates of return, and homeowners generating solar electricity can avoid paying increased utility rates by eliminating their electricity bills. According to a 2015 report by the Lawrence Berkeley National Laboratory, installing solar panels on your home can even increase your property values. If you’re reviewing multiple quotes, there are plenty of metrics that can help you make a decision about which solar option is best for you, but studies show most solar shoppers rely on one metric in particular: the solar panel payback period or break-even point.

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15 kw solar system

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

Reading Time: 3 minutes

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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solar panel cost and efficiency over time

How solar panel cost and efficiency have changed over time

Reading Time: 4 minutes

Solar panel technology has been around in some form for a long time – Bell Labs invented the first useful solar cell more than 60 years ago, and scientists have known for centuries that the sun can be used to produce energy. However, it’s only in the last ten years or so that solar photovoltaics (PV) has really taken off as a renewable energy source. There are two major factors influencing the technology’s growth: the steady improvement of both solar panel cost and solar panel efficiency over time.

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25kw solar energy system

How much does a 25,000 Watt (25 kW) solar system cost?

Reading Time: 3 minutes

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 massachusetts smart

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

Reading Time: 5 minutes

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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12 kw solar system

How much does a 12,000 watt (12kW) solar system cost?

Reading Time: 3 minutes

If you have high electricity bills, installing a 12-kilowatt (kW) solar energy system on your home can significantly reduce your monthly costs. To maximize your long-term solar savings, you want to be sure that you get the right price for your solar panel installation. The best way to feel confident about your purchase: compare offers for 12 kW solar systems with the prices offered to other solar shoppers in your area. Find out more about how much a 12 kW solar system costs where you live, the amount of electricity you can expect your 12 kW system to produce, and the smartest way to shop for solar in EnergySage’s guide to 12 kW solar panel systems. 

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2kw solar energy system

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

Reading Time: 3 minutes

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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9kw solar energy system

How much does a 9 kW solar energy system cost?

Reading Time: 4 minutes

For many homeowners who want to install solar panels on their roofs, a 9-kilowatt (kW) solar energy system is a good size for significantly reducing or eliminating electricity costs. Getting the right price for your solar installation and maximizing long-term savings is easy when you compare your solar quotes with the prices that other shoppers in your area are seeing. Find out more about how much a 9 kW solar panel system costs; the amount of electricity you can expect your 9 kW system to produce daily, monthly, and annually; and the smartest way to shop for solar in EnergySage’s 9 kW solar panel system guide.

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