If you’d rather own your solar panels and system flat out, the price for installation is lower than in years past. You can purchase quality solar power energy equipment and receive reliable installation from experienced solar providers at a price which is more affordable. The California Public Utilities Commission found in 2012 that the cost of a residential solar system had fallen 28% since 2007.
The main factor lowering a system’s overall cost is a drop in solar system panel pricing. Residential solar power energy systems are typically quoted by the watt for equipment and installation. A few years ago, the solar panels cost about double what they do now. Thanks to developing technology, solar panels can be produced for less, lowering equipment costs. Professional installers have also responded to increasing competition by perfecting design and lowering labor needs, bringing installation prices down even farther.
Solar power energy has become accessible without the significant upfront cost thanks to solar financing arrangements. These arrangements allow you to pay monthly over time, rather than pay the total system price upfront. There are also solar lease agreements available, where the lease provider will install and maintain their solar panels on your roof; you pay for the energy the panels generate, at a much lower rate than electric utilities offer.
Don’t rule out solar power energy based on cost assumptions- get the facts. Smith Sustainable Design’s professional design and installation team can show you the real cost to utilize solar power energy at home, whether it be through purchasing and installing a system or solar lease options. Call us today and discover how affordable solar power energy really is.