Whether your reasons for considering a solar panel system are for tax credits, savings on your electric bill, or going green to save the environment, you'll find that solar panel costs 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. 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 solar panel cost in India demand for oil and the rapidly growing economies of China and India, analysts predict increasing fuel and gas prices are 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 affect virtually everything we purchase. From electricity, gas, and food, and guess who pays for these increases! 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 then hiring a professional would be a great second option. These estimates are based on the number 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 run 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.
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. 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 days Risk-Free Refund Policy For many, this is the preferred way to reduce the cost of making your own solar panels. Most guides are fully complete and give you options based on your budget. With easy-to-understand guides, instructions, and videos, and a 100% money back no questions asked refund policy, anyone can become energy-efficient with little or no risk.
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