How much do solar panels cost?

January 06, 2022

Savings with solar

How much does a solar panel cost? How about a whole solar system? This question has been debated for decades and can be answered by researching certain factors. Here, you’ll learn the answers to a few common questions about solar panels, factors that determine the cost, and how they work.

For many households, the escalating cost of electricity from traditional sources makes solar installation seem like a no-brainer. How can solar panels save you money? You can determine savings by researching sunlight exposure in the region, local electricity costs, energy consumption, rebates, and available incentives.

What Everlight Solar can do for you

With Everlight Solar, you can own your power and help avoid long-term commitments with utility companies. There are always factors that may be beneficial for you and your home. For instance, if you install solar panels in your home, there is an average increase in resale value. Being that by going solar, you save $5,911 for each 1 kilowatt (kW) of solar installed.1

Only you can decide to save money

It’s worth installing solar panels for many reasons! With solar, you get to own your power instead of being a renter from a power company. Also, with the tax incentives in play, it makes total sense to go solar for the environment’s and your wallet’s sake.

A great rule of thumb

If you’re thinking about going solar, make sure you do some research and look for incentives. Keep in mind that you don’t have to buy solar panels right away, you can always look for companies that offer solar loans.

Join the more than two million households in the United States that have gone solar today! 2

Get a quote today

Everlight Solar Panels
  1. https://www.costofsolar.com/is-my-home-worth-more-with-solar-energy/
  2. https://www.nrel.gov/docs/fy21osti/80427.pdf