How do you price solar panels?

In our expert opinion, the most effective and accurate method for pricing solar panels is the gross cost. Let’s explain why and then discuss each pricing model in detail. A lot of work goes into ensuring that you can safely turn on your solar power system–the process is much more involved than simply attaching solar panels to your roof.

How much does solar installation cost?

Installation labor accounts for around 5.5% of the total cost of a residential solar project, according to a 2022 report from the National Renewable Energy Laboratory. That amounts to $1,375 for a $25,000 solar project.

What is a 'solar panel rate' scam?

This is a common scam used to gather personal data and/or trick people into signing long-term solar lease agreements that are far less favorable than owning solar panels. For example, in February 2023, a Facebook page called “Solar Panel Rate” ran multiple ads claiming Elon Musk was paying homeowners $2,500 to test out new solar technology.

Are solar panels worth it?

Solar panels can generate major savings if you’re trying to reduce your electricity costs, carbon emissions or both. The primary factor in determining whether or not solar panels are worthwhile for you is the cost you’re currently paying for electricity. The higher your electricity costs, the more a solar panel system will save you in the long run.

Are thin-film solar panels a good fit for RVs?

Still, if you’re on the go, we believe thin-film solar panels are a good fit for RVs because of their lightweight properties. Depending on which state you live in, your average 6kW solar panel system will cost between to install after accounting for the 30% solar tax credit.

What are the different types of solar panel warranties?

There are two types of solar panel warranties to be aware of: the equipment (or materials) warranty and the performance warranty. Equipment warranties cover the physical integrity of your solar panels. For example, manufacturing defects, premature wear and tear, and environmentally-caused damages are covered by panel equipment warranties.