Solar products are becoming increasingly popular as more people become interested in renewable energy. One of the biggest considerations when deciding to go solar—arguably, the most common reason people choose not to make the switch—is the cost. The cost of switching to solar can vary greatly depending on a number of factors. This article will break down the costs of installing solar panels for both residential and commercial buyers and explore the factors that affect those costs, so you can better understand what goes into the price of your solar power system.
The Cost of Equipment
The cost of installing solar panels on a residential property can vary from around $10,000 to $30,000 or more. One of the most significant factors that affects the cost is the size of the solar panel system. Larger systems that can generate more energy will cost more money simply due to the fact that