How Much Does Solar Panel Installation Cost For 1,500 Sq Ft Roof?
Discover how much solar panel installation costs for a 1500 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
You’ve heard all about the power of solar energy and how much it can do for people like you who are looking for a green energy source. It’s a good move, too; after all, what other body of energy can produce a year’s worth of energy in two minutes?
It’s also a bonus that you can greatly reduce or even completely remove your current energy bill. That being said, you still have to take care of any up-front solar panel installation costs before you can reap the benefits.
With that in mind, how much would it be to install solar panels for a 1500 sq ft house? No need to worry your head, as the math has already been done.
How Much Would Solar Panels Cost for a 1500 Sq Ft Roof?
As with most contractor-based projects, the price for installing solar inverters will vary from place to place and even between different clients. Some factors that influence your price include your location, the contractor of choice, the quality, and any government incentives.
That said, the average price for a 1500 square foot installation sits between $7,000 to $32,000, with about $5,000 to $7,000 for every 2kW. Here are a few things that can affect the price of your installation.
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
Location
One of the most influential aspects of payment is location. Pricing varies the most based primarily on the place of residence. Each state has its own electricity rates, and some are higher than others.
For example, Hawaii comes with a hefty price tag of 31.50 kWh, whereas Louisiana has a more modest rate at around 9.05 kWh. The installation costs can also vary between states, so make sure to learn more about your location-based fees.
Contractors
Like any industry, contractors are directly involved with the overall price to install the product. This ultimately means that each contractor will offer their own price based on your needs.
The distance between you and your potential contractor also plays an important role in how much they charge. Make sure to look into local contractors to help save on cash.
Government Bonuses
Though the value has been slightly reduced (it currently sits at 26%) your local government is likely to offer you incentives and credit when you purchase solar panels.
However, the total amount of incentives you can receive will differ based on what your local authorities are willing to offer. Of course, any help is always better than none, so make sure to talk to your local officials to get ahold of all of the benefits!
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
Now You Understand Solar Panel Installation Costs
Trying to learn about solar panel installation costs can be confusing, but with this information, you can now make a smart decision on your panel purchase. Now, you just need to find the right contractor to help you get started on your solar panel journey. We’d be happy to help you with that.
At 4 Solar Estimates, we lend a hand in helping people like you get the solar panels they need for their homes. Our site is a portal for helping you learn all about solar installations and reaching out to local contractors, making it your one-stop-shop for your solar needs.