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RESIDENTIAL SOLAR (PV) INSTALLATION

Reduce Your Electric Bill

Installing a Solar System has enabled homeowners to reduce their electric bills, lock in their electricity rate and increase their property value.

The cost for installation has dropped significantly over the past several years and you can now go solar for as little as no money down.
Solar Photovoltaic (PV) power is a smart investment, which saves you money in several ways.

The first is by supplying you with energy you would otherwise have to purchase from your utility company. And your electricity rate is locked in.

Utility Solar Energy Credit

The utility meter continually measures your electrical supply; when your solar system produces more power than you need, the meter actually spins backwards, resulting in credit with the utility company.
Any excess power your solar system generates during the day can be sold to the utility company at high peak rates, when their demand from other customers is at its highest. 


 

The utility grid remains in place to supply you with electricity when you need more power than your system has produced. You still may pay out a small amount for electricity at night or on overcast days, but the majority of these charges will be at low off-peak rates.

Average System Cost

The cost of a typical system can be broken down into 2 areas: components and installation. In the solar industry, this cost is tracked by dollars per watt.

Range of Cost: Residential Grid-Tie systems can start as low as $2000 (installed) for a starter system, all the way to $50,000 or more.

Average Component Cost: $4 per watt. This includes all the components including panels, inverters, mountings and electrical accessories.

Average Installation Cost: $2.50 per watt. This usually includes the physical installation of the system and connection to the grid.

Example: A 3 kW system is 3000 watts. So the components will cost $15,000 before rebates, and the installation will cost $6,000.

The Earth receives an immense supply of energy from the Sun. Using the Sun as an energy source provides a free, clean, reliable source of power.

solar advantage

Solar panels used to power homes and businesses are typically made from solar cells combined into modules that hold about 40 cells.

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