Why You Should Go Solar and How To Make It Affordable

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But wait….we promised to talk about the cost of installation, so here goes.

How Much Does It Cost To Install Solar Panels?

As you would expect there is no single answer to this question. The answer depends on a few things:

  • How many panels you would like
  • Where your property is located
  • Whether you qualify for a solar incentive (see below)
  • Whether you want to own or lease the panels (see below)

The average price can be around $35,000 – but it is possible to pay nothing upfront.

How To Make Solar Power Affordable

As we mentioned above there are a few options that you can choose to reduce or eliminate your installation cost.

Government Subsidies

You can see if you are eligible in the United States by checking this link to the Database of State Incentives for Renewables & Efficiency.

Consider Leasing Solar Panels

There are companies such as Sunpower who offer a number of flexible options to make solar power a reality in your home. The image explains the options in a little more detail. solar-lease-and-loan-options_0

Join a Community Solar Garden

A community solar garden is a 2-megawatt (MW) or smaller solar PV project with a group of subscribers living in the same county.  The solar garden can be built by businesses, non-profits, or utilities. The subscribers buy a portion of the garden for a reduced rate and the energy produced by their portion is deducted from their overall energy bill. Working together in a community like this means that the traditional barriers to entry to this great energy alternative can be overcome.

Colorado is leading the way with solar gardens, as they have passed the first state law to allow these CSGs, which Renewable Energy World say “…may open the floodgates, turning distributed solar power into democratic solar power,”

“Clean Energy Collective (CEC) sold the parcels of solar to residents for as little as $725. CEC predicts a 67% increase of community solar energy in the next five years.”

Apply For Solar Panel Financing

There is a company called PACE (Property Assessed Clean Energy) which supports individuals by financing clean energy.

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