The Cost of Solar Panels: An Informative Guide

Nearly 46% of U.S homeowners say they have seriously considered adding solar panels to their homes.

If you are part of this statistic, then you may be wondering whether or not the cost of solar panels is worth it for you.

There are many costs that go into installing solar panels, but the benefits you get to reap usually make it worth it in the end.

Keep reading to learn more about the benefits and costs of installing solar panels on your home.

cost of solar panels

The Benefits of Solar Panels

Going solar can be incredibly beneficial to both the environment and your wallet.

Here are just a few ways that solar energy can positively influence your life.

Environmentally Friendly

Unlike coal and gas, solar energy is a renewable resource. Sunlight is an energy source that we will never run out of, making it a great long-term solution.

Solar energy also greatly reduces carbon emissions. Traditional fossil fuels pollute the environment and release greenhouse gasses, while solar does not. If you want to help the environment and create a better future for generations to come, then solar energy is the way to go.

Reduce Energy Bills

Installing home solar panels is a good way to cut back on energy bills. Although there is an expensive upfront cost, most solar panels last around 25-35 years, so you will break even on your electricity costs after a few years.

Low Maintenance

One incredible benefit of solar panels is that you do not have to do much to maintain them. You may have to occasionally wipe them down or remove debris, but not much has to be done outside of that.

What Goes Into the Cost of Solar Panels?

The average cost of solar panels is around $15,000-$25,000. Your installation may be higher or lower, depending on many factors. Here are a few things that may impact the cost of your solar panels.


One of the biggest factors that influence solar panel prices is your geographical location. Solar panels can be used anywhere in the country, but you will pay more or less depending on how much direct sunlight you have on your home. The more direct sunlight you have, the fewer panels you’ll need to power your home.


Every solar panel installation company is different in its pricing. Make sure to do your research to find a reputable, yet affordable, company to install your solar panels. One credible company to consider is

Roof vs. Ground System

It is important to determine whether you will have a roof or a ground-mounted system. Some roofs are not strong enough to hold solar panels, so a ground-mounted system may be a better option.

Typically, roof-mounted systems are cheaper to install, but they are not possible for everyone.

Are Solar Panels Worth It For You?

The cost of solar panels varies depending on many different factors, but the savings in the end almost always makes the upfront cost worth it.

If you enjoyed this post, then feel free to check out the rest of our blog for more exciting environmental and home content.

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