How Much Does Solar Panel Installation Cost For 1,000 Sq Ft Roof?
Discover how much solar panel installation costs for a 1000 square-foot home. From the number of panels to the power output, a lot goes into calculating the cost of a solar panel installation. We’ll tell you everything you need to know.
CALCULATE NEEDS BY:
- ACTUAL Square footage
- Higher monthly energy consumption
- Fewer sunny days
- Solar panel type
- The average solar panel installation cost in a 1000 square-foot home is between $6,567 and $9,288 before tax credits. This green lifestyle change may seem like a great up-front cost. But, don’t be fooled by the initial price tag, going solar is well worth it.
- To help you understand the cost of solar panels and the related solar panel installation cost, we curated this brief guide. Follow along to learn about the costs of solar panel installation and the return on investment provided by going solar in your 1,000 square foot home.
Further cost factors to consider are:
- Type and brand of solar panels
- Size of panels
- Design of your roof
Most importantly, your energy needs will drive how much a solar panel system costs you. You’ll need to decide if you want to install a 6kW system or a 10kW system.
Also, it will be important to determine what type of solar panels you prefer such as:
- Monocrystalline Solar Panels
- Polycrystalline Solar Panels
- Thin-Film Solar Panels
Solar Panel Installation Cost by Watt and Size
On average, families in 1,000 square foot homes use around 11,000 kilowatt-hours of energy each year. To power an entire home, families need 8-10 panels to create a 2 or 3 kW-sized solar panel system.
The most popular systems are small-to-medium size solar panels. These panels are a good choice for folks who want to lower their energy bill without too much of an initial investment.
Different sized solar energy systems change the total solar panel cost. On average, you can expect to pay the following prices for these sizes of solar systems:
- 2 kW systems cost $6,567
- 3 kW systems cost $9,288
- 5 kW systems cost $14,330
- 8 kW systems cost $22,039
- 10 kW systems cost $27,331
Of course, these are the initial costs. Most states offer rebate programs and other incentives that drive down these prices. If you’re thinking about solar, review your state’s incentive programs to see what you can save. 1,000 square foot homes that take advantage of solar tax credits can reduce the cost of their 2 or 3 solar system installation to $4,859 and $6,873, respectively.
Popular Benefits of Solar
Solar Energy Lowers Electric Bills
Solar Energy Gets You Hefty Tax Incentives
Solar Energy Can Be Coupled With Solar Battery Storage
Solar Energy is Environmentally-Friendly
Labor Costs for 1000 Square-Foot Roof
Another consideration you should have when you install solar panels is labor costs. Solar panel installation costs vary based on several factors, including your location and whether or not you hire an installer or do it yourself.
On average, labor costs for solar panel installation for a 1,000 square foot roof range from as little as $700 to more than $2,000 depending on where you live and how much work needs to be done. These prices may seem high, but solar installation is a labor-intensive effort. Your solar panel technicians need to install mounts on your roof, solar inverters, and the systems themselves.
Estimated Solar Energy Savings for 1000 Square-Foot House
Solar energy offers a return on investment in terms of saving money on your energy bills. Over time, your savings counter the initial solar panel installation cost. On average, a 1,000 square-foot house saves $3,400 annually by using solar panels to generate electricity for your home or business.
This average isn’t set in stone since different people will use varying amounts of electricity. But using this average, you may expect to see a return on investment from your solar system in as little as 2 years!
Get Your Solar Estimate Today
Solar energy is becoming more and more popular in today’s modern age, as people are beginning to realize how many benefits solar energy can provide. One of these benefits is that it provides clean, green energy for your home. The other is saving money on your annual energy bills.