How Much Does Electricity Cost in Solar Power

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how much does electricity cost - Fossil fuels are the main source of energy supply to the world. But fossil fuels are not renewable sources of energy and are emitting ton of pollution.

The pollution has direct relation to global warming and acid rain which in time will destroy almost everything it touches. The price of fossil fuels are going up in recent years. These are some of the reasons to consider and start thinking of renewable energy such as solar energy.

Solar energy is the light and heat from the sun. It is free, clean and efficient energy source that can be easily harnessed to electricity or heat. With the technology advances and reducing prices for solar technology have open the gates for solar power to homeowners and businesses.

The solar power is produced by taking sunlight and converts it into electricity. This is normally done by solar panels. There are two types of solar panels, solar photovoltaic and solar thermal. Solar photovoltaic is to convert the sunlight into electricity, and solar thermal is to absorb sun energy directly as heat energy.

How much does the solar power cost? Is it affordable or too expensive to the average homeowners or businessman? When it comes to costs of solar power, a lot of people simply do not know how to make the estimation.

If you are planning to install solar power, you need to look into short and long term costs compare to the savings. The truth is the initial costs are quite expensive, but the long-term costs are relatively cheaper than normal energy sources. This is because solar panels can last at least 15-20 years with very low maintenance.

Solar power costs are determined by two main factors; material costs and installation costs. The material costs include solar panels, batteries, inverters, grid tie system, cables and connectors. The solar panels are the main part of solar power system.

A silicone based photovoltaic solar panel can cost around $300 to $900 or $3 to $12 per watt. For low cost options, you can consider used solar panels which are still efficient enough to generate good quantity of energy, or with some research and effort, you can build a solar panel for as low as $200. How many solar panels are enough to power your house? It is all depends on how much electricity needs and how much direct sunlight you get from your location. You can look at your recent electric bills to get the average electricity needs and get the sun maps on internet.

The costs of installation are vary depending on whether you do it yourself or hire a professional installer. The cost of using professional installer is around $10 - $12 per watt, but if you install the solar power system by yourself, it is probably cost around $4 - $5 per watt. So, finding a way to do it yourself is the great solution.

The initial cost is expensive but many countries around the world are offering tax rebates and incentives to offset the investments and encourage homeowners to switch from not renewable energy to renewable energy.

If you are interested to learn more on how to build your solar house and enjoy the benefits of solar power or save on electricity. get free electricity.

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