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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It probably doesn’t surprise you to learn that the cost of solar varies by state, but what other factors make a solar panel system more or less expensive? If you’re comparing quotes with your neighbors and notice a big difference in cost, it’s probably due to one of five main factors:
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Many shoppers, especially those using EnergySage, receive all of their initial solar quotes online before ever having a company visit their property. Occasionally, we hear back from customers about instances where they received an original, online quote for one price and, after a site visit from the installation company, the price increased. What happened?
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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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This week, EnergySage released our ninth Solar Marketplace Intel Report™. The publicly available report provides data on the state of the solar market nationwide and at the state level. In this report, we introduced a number of new analyses, from a direct comparison of EnergySage quote data to installed cost data nationally, to a breakdown of the quality of equipment quoted and installed both on and off the EnergySage Marketplace. A couple of key takeaways are outlined below, and we look forward to your analysis and feedback on the report.
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For the most part, solar panel systems are “set it and forget it,” requiring very little (if any) maintenance over time – but what costs can you potentially encounter after installing your solar panel system? In this article, we’ll discuss four factors that could impact post-installation costs, and what you can do to avoid some of these costs from the get-go.
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In this week’s Solar News roundup, renewable energy is set to outproduce coal for the first time in April and May, and Tesla begins offering solar panel installations below market averages.
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If you’re shopping for something wholesale, you’re probably doing so to save money. And when it comes to purchasing a solar panel system, you want to save as much money as possible.
So, can you buy wholesale solar panels? Yes and no – you won’t be able to purchase actual wholesale solar panels from a manufacturer, but you can purchase discounted panels that were bought at wholesale prices from resellers. Just because these panels will be cheaper doesn’t mean they’re the right solution for you and your home.
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2018 was a year of ups and downs for the solar industry. From the impact of the Trump Administration’s tariff on imported solar panels to the new technologies unveiled at Solar Power International, and from the emergence of home battery energy storage technologies to changes in solar programs in Massachusetts, New York, Illinois and beyond, EnergySage has been with you every step of the way.
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Known for their high-quality electronics, LG solar panels are top-notch options in a diverse solar panel market. As an increasingly popular solar panel brand in the U.S., LG produces quality solar panels with above-average warranties. Some of their products even appear in EnergySage’s ranking of the best solar panels available.
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