By Amanda Lacasse
Pricing solar panels for your home solar energy system is a good way to get started with familiarizing yourself with the components of a solar power installation. After all, everyone knows that panels are an integral part of the system, right? As you research prices, types and brands of solar panels, you will also learn about other parts of a solar energy system, as well. Just Google the phrase, "residential solar panels" under the shopping tab and you will be presented with pages and pages of results to peruse. Visiting manufacturers' sites will give much more information to digest, and some of these sites have calculators to help you figure out approximately how many panels you will need to power your home. Armed with that information, you'll find pricing your system much easier.
Government Incentives Bring Hefty Cost Reductions
Industry experts estimated solar panel costs at $3 per watt as of June 2011 and predict prices will fall to $1 per watt within the next two years or so. Does that mean that you should put off planning a solar energy system? Probably not. Federal tax credits and incentives have been extended for the year 2011 and it is unclear whether they will extend further into the future. In addition, many states and some localities have added their own incentives into the mix. Depending upon where you live, you could conceivably shave up to 60% of the cost of a solar power system installation if you buy this year. Of course, all incentives may be extended into next year and beyond - hopefully, that will be the case. Planning a solar power system takes time, just like any other home improvement project, so starting as soon as possible can only be helpful to you. Professional installation is one of the costlier aspects of a solar project and likely won't be affected by a drop in solar panel prices. Rebates and incentives can and do help with those costs, however.
Compare Solar Panels Among Manufacturers
Knowing the current price per watt will be very helpful to you once you start comparing prices. Some companies offer entire grid-tied systems for sale, so pricing individual panels and components first will give you a much better idea of the cost savings, if any, that may be rolled into these offers. Comparative shopping will help you find the best deals on solar panels, components and installation, so take your time and look around. Keep an eye on the latest news concerning federal and state incentive programs (Google Alerts can be very helpful here) to be sure that you don't miss out on getting the most affordable solar energy system for your home.
Amanda Lacasse lives in a passive solar home and is looking into ways to segue into a more active solar lifestyle. Read more about all things solar by visiting http://SolarizedHome.com/.





