The need for energy has increased globally over the years. The massive shift in increased energy supply is mainly the result of the latest advancement in technology and people’s reliability on electronic devices. The world’s population is increasing constantly initiating a shortage of resources.
It accelerates the necessity of going green and relies more on clear energy that is less likely to run short any time sooner. Sun provides us with a cost-effective solution with a never-ending source of renewable energy. It will help you to cut your electricity costs and spend that money on something more productive and meaningful.
Understanding the many benefits of solar energy a huge population in the USA is shifting to this renewable resource to reduce carbon footprints and to contribute to the ecosystem using natural resources. How? Because you can prevent the emission of greenhouse gases while escaping electricity taxes.
Once you made up your mind to get a solar installation for all your residential needs. The next step is how much you have to invest in a 2,000-square-foot home. How many solar plates you will be needing? What will be the installation cost and how long does it take to go solar completely for all your needs?
What is A Home Solar Panel?
Home solar panels are residential solar system that produces electricity for your household needs. There are different categories of solar panels based on different efficiency levels. It is essential to have a better understanding of what type of solar panel would cater to your residential energy needs and best according to your geographical state:
There is the following variety of solar panels:
- Solar shingles Panel
- Polycrystalline Solars
- Monocrystalline Panel
Solar shingle solars are a new invention in the solar world. It is designed to give your rooftop a look like basic asphalt shingles. They serve a dual purpose. It protects your roof while producing electricity for your daily use.
Polycrystalline solar panels have lower efficiency rates. while Monocrystalline solar panels are considered the best in terms of efficiency. It is said to have 15-20% better efficiency generating more electricity per sq ft. It is the best solar for your household needs.
Costs Vary. Cost Depends on Home Size
The cost of solar panels for your residential needs depends upon how many solar plates you will be going to buy or what is your exact solar needs. It doesn’t depend upon the size of your home but rather your consumption needs. Let’s say you are living in a 2000 sq ft house with a family of four.
It depends what the energy required for the members of your family. If you have young toddlers, you won’t be needing that much electricity consumption as compared to a family with teenagers who rely on tech devices for their everyday educational or leisure activity. The energy requirement for a home in the same area with two people, both working and spending evenings with friends will definitely vary for a family who stayed home and works remotely.
How much Does Solar Cost?
There is no doubt that solar panels are your lifetime investment. This one-time investment is going to give your maximum benefits over the years with little maintenance. It is crucial to have a clear overview of the cost of panels you need to be investing in for residential solar. The best suggestion is to contact a reliable solar solution firm like Solar Master Pro for all your queries and services. However, it is best to have an idea yourself and we’re here with the solution!
A 2000 sq ft home will be needing a different energy requirement for each family depending on their everyday electricity consumption need as discussed earlier. However, we can figure out the estimated cost by working out the per sq feet method. Per this method, the average energy cost of the same size of home may vary between $10000 to $ 12000. It may be more or less depending on your daily consumption. An average electricity need can be around 4000 watts.
Average Sized Home Cost and Solar Panel Size
If you want to completely eliminate your utility expenses using solar energy, you’ll require at least 20 and 24 photovoltaic panels for the typical house. Several criteria, such as location and solar panel specs, determine how many panels are necessary.
Single solar panels in the United States are related to the performance of 2 KWh per day, saving an average of $0.35 to $0.40 per day on power expenses. However, this number may vary widely depending on a number of variables like your energy consumption needs, etc.
Although this amount may not seem like much, consider that this is only the daily savings from using one solar panel. But if you put in a whole solar panel system, you may save yourself $132 per month or more. The amount of energy produced by a solar panel is given below:
- 3 kWh has a yearly output range of 3,000- 5000 kWh.
- 6 to 8-kilowatt hours of electricity are generated every year from a 5 kWh
- One-tenth of a kilowatt hour generates between 6k to 12k kilowatts.
Electricity Cost Savings
However, there are a lot of variables that will determine the exact amount you save. The amount of money you may save by switching to solar power depends on a number of factors. It may include
- The size and orientation of your roof
- amount of electricity you use
- The price of electricity in your area. Why? Simply said, the higher your monthly power bill, the more money you may save by installing a solar energy system.
When there are so many new investment options popping up every day, it’s natural to be conscious of things that can cut the costs of everyday items. However, installing solar panels is a wise financial decision since they help you save money in the long run by decreasing (or even eliminating) your electricity cost.
Conclusion
You need to understand the fundamentals of electricity. It involves the distinction between KW and KWH, by reading our comprehensive guide. Your power bill might be quite the maze of numbers, but fear not: we’ve got a simple guide to help you save money with solar panels that will explain everything.
Finally, contacting a qualified solar installation is the best approach to receiving an exact estimate of the number of solar panels your home will require. The installer will present a technical proposal outlining the number of solar panels you will need and the amount of electricity they will produce. Using our solar estimate service, we can put you in touch with local businesses that have been vetted to do solar installations legally. You can Solar Master Procontact for the smooth installation of your residential solar at market-competitive prices. Keep following our blogs for more interesting updates and news.
FAQs:
There are a lot of moving parts when figuring out how much going solar would cost. To help you determine whether going solar is right for your household, we’ve compiled some of the most often-asked questions and their answers.
The number of solar panels required to generate 1000 kWh per month?
With a converting cost of 23% and an average residential usage of 900 kWh, 300W panels like polycrystalline would need roughly 27 boards.
How much does it usually set you back per square foot?
Pricing for solar panels per square foot. Household solar panel installation might cost you $5 to $10 per square foot. Most solar panel installers, however, put the price of solar power at between $3 and $4 per watt before accounting for rebates and other incentives. Listed here are ballpark figures for various house sizes and their associated costs.
What will my roof’s replacement cost be?
Based on your roof’s inclination, pitching, and size, the expense to have solar shingles installed may range from $55k to $80k. The average cost to have tile placed in a criteria single-story house is $2 to $25 per sq foot, or $2000 to $3000 total.
I’m curious as to how much the setup will cost.
Approximately 2,000 square feet is the norm for a brand-new house. A 2,000-square-foot, single-story home will cost you about $400,000 to construct.
