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The Ultimate Whole-Home Solar System Cost Guide

The Ultimate Whole-Home Solar System Cost Guide

Solar power becomes more accessible and affordable every year. These days, over four percent of electricity in the United States comes from solar, which is more than 80 times what it was just a decade ago.

While some people remain cautious of whole-home solar system costs, the benefits are clear. Experts predict that by 2030, more than one in seven homes in the United States will use solar panels. 

If you’re considering getting solar panels, here’s a whole-home solar system cost guide to help you make your decision.

Benefits of Solar Panels

The benefits of installing solar panels on your home continue to grow. These setups lower or eliminate energy costs for homeowners and reduce the environmental impact of your home. Sunny days soak up the power, but any good solar panel guide will reveal that the system will continue to draw energy on cloudy days. 

Local municipalities and the federal government provide tax credits and rebates for homes with these panels. Those credits and rebates help offset the solar system cost. Not only that but installing solar panels increases the resale value of your home. 

The environmental benefits can’t be dismissed, either. Solar panels derive pure, clean energy from the sun. This helps your home combat greenhouse gas emissions. It also lowers the dependence on fossil fuels.

Whole-Home Solar System Cost

Solar system costs can be expensive. However, prices continue to drop in the market. Low-end solar panel systems cost around $10,600, while high-end setups run about $26,500. The average whole-home solar system cost runs approximately $16,200. 

Price varies based on home size, location, and system wattage. Beyond the system itself, you’ll need to consider labor costs, brand, and installing both the solar mounts and the solar inverters. There could also be local costs for permits, inspections, and taxes.

Technological advancements and market forces have pushed overall costs down in recent years. And considering the rising costs of energy prices, solar power tips the scales in the right direction for the homeowner.

This long-term investment brings additional value to your home. And it eventually pays for itself. The payback period for the average solar system runs about 10 years. Average savings from solar energy can be anywhere from $600 to $2,000 on electricity bills. 

And it’s easy to speed up the return on your investment with solar rebates and incentives. These come from both local energy providers and the government. 

Solar System Solutions

Whole-home solar system costs might make you balk at making the move, but the savings are undeniable. Monthly utility costs drop, and you can pocket extra cash through federal and local solar incentives. Going solar can even increase the value of your home.

Companies like Blue Raven Solar provide homeowners with easy options to get solar, all while saving on their utilities. Get a custom quote with zero commitment for solar panel installation in Indianapolis. 

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