How much does it cost to install solar panels on your home?

Installed cost will run from $10/watt to $13watt for what is called a 'on grid system' meaning you are hooked to an electric meter now. (30 to 40 thousand dollars) A standard 3-Kwh system costs between $25,000 and $40,000 installed, before rebates and incentives. About 50 percent of the system's total price is the panels; 30 percent to 35 percent of the cost is an inverter (for the 'on grid system' which turns the direct-current electricity 'DC' the panels produce into the alternating current 'AC' that you can use), a forward- and reverse-running meter, mounting hardware, conduit, and wire; the remaining 15 percent to 20 percent is labor, permit fees, and taxes. Maintenance costs are extra.

If you want an 'off grid system' you'll have to add nearly a third or more the system cost for batteries inverters etc.

Interested in finding out more about solar and how it can help increase your home value while decreasing your monthly PGE bill? Contact me today.

Cheers,

Mark

Your Silicon Valley & Sunnyvale Real Estate Professional
Mark Thomason
RE/MAX Real Estate Services
408.850.3085