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on Monday, April 5th, 2010 |
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What is the cost for installing a solar power system? We all know that solar panels cost can take up to 50 – 60% of the total solar home cost people have to pay, however the cost of solar panels have been significantly reduced in 2009 and some experts expected the price to go down further this year. The number of solar residential has been increased in some States but some people are still reluctant to follow because they can’t figure out what is the real cost of solar power they have to pay. Many will ask questions like “How much does solar power cost for a 4800 square foot house?”
The answer to this question is actually depends on some factors:
- Where they live
- Total sun hours they get every day
- Total electricity they use every day
- Total solar electricity they want to make with the system
- Solar rebates and tax incentives (if applicable)
- Grid-tied or off grid (with solar batteries) option
We don’t need to 100% substitute the utility power with solar electricity because it really depends on how much money we are willing to spend on the solar electric system in our house. To help you calculate the solar price NREL has an online calculator set up for this purpose. Read the rest of this entry »
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admin on Wednesday, September 2nd, 2009 |
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If you think you can’t afford having your own home solar panels because of the expensive solar cost then you have to read The New York Times article published on August 26, 2009 by Kate Galbraith. Here’s the headline: More Sun for Less: Solar Panels Drop in Price. Does it mean something to you?
The cost of solar panels is known to contribute around 50% to the total electric solar system cost. With that said you can make a great saving if the price of the electric solar panels is chopped down by 40% as described by the analysts at the investment bank Piper Jaffray: “For solar shoppers these days, the price is right. Panel prices have fallen about 40 percent since the middle of last year, driven down partly by an increase in the supply of a crucial ingredient for panels”. Read the rest of this entry »
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admin on Thursday, April 30th, 2009 |
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The most important part of a solar-power generator is the sunlight receptor called electric solar panels. Being exposed to the extreme condition – full sun and cold season – they should have high durability and lightweight suitable for roof installation. Most of the home solar panels have lifespan more than 20 years with only a small drop in efficiency. You will be surprised seeing some old designed solar panels are still working until today without serious problems. Read the rest of this entry »
