Solar Panel Cost - Going Green or Going Broke

1. Solar Panel Cost Solar Panel Cost - - Going Green or Going Broke Going Broke Going Green or Whether your reasons for considering a solar panel system is for tax credits, savings on your electric bill, or going green to save the environment, you'll find that solar panel cost can vary greatly. When hiring a professional, the cost can run into the tens of thousands. On the other end of the spectrum, by making your own solar panels your cost will be in the hundreds. Waaree is among the best Solar Panel Companies in India. It has completed various projects globally. It has various products as per your requirements. Visit the site if planning to buy solar products or your home or office location. For many the decision will come down to cost. Let's take a look at your 3 options. Option #1: Do Nothing For millions being trapped by the current fossil fuel dinosaur, have many wondering if harnessing the sun's rays would be a good way to level the playing field. With the global demand for oil and the rapidly growing economies of China and India, analysts predict increasing fuel and gas prices is inevitable. You won't see prices dropping significantly anytime soon. If you do nothing, you'll have to bring in additional income or cut corners in different areas in your household budget. Rising fuel prices affects virtually everything we purchase. From electricity, gas, and food, and guess who pays for these increases!

2. Think about hiring a professional or installing your own solar panels to offset your electric bills. Any savings gained here will help compensate for higher prices on your utilities, food, and other commodities. It will also increase the value of your home. Do nothing and hope for the best or install solar panels. Either way, you'll need to find some extra money somewhere. Option #2: Hire a Professional Do you have an extra $10,000 or $20,000 to have a professional install your solar panels? Or if you have a large house and are willing and able to front $100,000, than hiring a professional would be a great second option. These estimates are based on the amount of watts you'll need to power your home. Calculating cost per watt installed is based on kilowatts. A kilowatt is equal to 1,000 watts. Solar electricity costs runs about $10 - $12 a watt installed. In order to generate a kilowatt, you'll be paying $10,000 to $20,000 installed. Solar panels will decrease your electric bill by 20 to 50 percent conservatively. You can offset your solar cost by applying for Federal, State, and incentives from your local utility company. Most professional installers should be able to advise you on the various credits, rebates, and other grants available to you.

3. Option #3: Do It Yourself This option has been used by thousands of families worldwide. The obvious advantages are cost savings. Obtaining a D.I.Y. solar panel guide is immediately available through digital downloads. With simple step by step instructions and video tutorials, making your own solar panel may not be as daunting as you may think. Look for guides that offer customer support in areas that need clarification. The Waaree is one of the Best Solar EPC Company in India. We provide end quality services in the EPC space, from the initial conceptualization & design stage to the installation & commissioning stage A Few Features with DIY Guides • Cost of a good guide $47 - $100 • Detailed and complete instructions for skilled or unskilled builders • Video instructions • Free additional energy-saving guides for future projects • Details to obtain components locally for your solar panels • Most important feature, 100% money back guarantee • 60 day Risk Free Refund Policy