It depends on how much electricity you use how much sun your home gets and rebates in your area.
Cost to convert home to solar.
Generally a typical home solar power system is.
Solar panel cost analysis.
Larger installations will require more hardware planning and construction time.
While solar panels are expensive they have distinct benefits.
Inexpensive diy solar kits begin at around 600.
Homeowners can purchase and install one of these systems in 2010 for up to 45 000 that will heat air and water in several rooms but prices can easily exceed 100 000 depending on the size of the house and the complexity of the system.
This is an ideal solar panel for someone who is slowly converting to solar power.
This can further increase costs.
Inverter prices depend on the size quality and features.
An average sized system roughly 5 kilowatts will cost between 25 000 and 35 000.
The size of your panel installation and the needs of your home will affect your costs.
For example the southern new england home in the example above would be eligible for financial incentives that would reduce a 33 000 system s upfront cost down to approximately 12 000 16 000 or 0.
New financing and leasing options have made it possible to go solar with literally 0 down.
The initial cost of solar power varies widely.