The sun's energy is clean, abundant and free so it is apparent why many are now switching to solar power. But before we can use the sun's energy to power our homes we must convert it to electricity.
This conversion is achieved with a solar electric system. So, how much does it cost to install a photovoltaic system for your home? There is no quick answer to this question. There are many factors that will determine the cost, but often these systems are pricey, running thousands or even tens of thousands of dollars.
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Variables influencing the cost of a solar electric system
Your geographic location
How much sun your site gets daily
How much power you use
The specific system you install
The good news is that nearly all of the cost is upfront, and once your system is working, it is basically free to generate electricity from the sun's energy. There are also methods to reduce your initial setup cost including incentive programs, tax rebates, and do-it-yourself kits.
Suggestions to reduce the cost of your photovoltaic system
Local assistance - Look for assistance programs in your town to help you pay for a solar electric system.
Federal tax credit - As of 2009, there is a new federal tax credit of 30% of the cost of your solar electric system if at least 50% of your home's energy is generated from the sun.
Make your own - There are many guides available that describe how to build a home solar electric system. Look for a guide that uses quality illustrations along with text discriptions;
Sell electricity to the utility company - Often utility companies will purchase the excess electricity you make. Your meter will run backwards anytime you are not using the electricity you are generating or when you are making more than you are using.
Go without batteries - Photovoltaic systems often use batteries that store electricity making it available 24/7, even at night or on a cloudy day. Alternatively you could consider a grid-connected system and use your solar power only when the sun is out. With this system you would simply draw power from the grid at night.
Initial setup of a photovoltaic system may be a sizable investment, but as this article reveals, there are ways to reduce the cost of your system. Remember: a photovoltaic system is an investment that will not only help you to save money and bring you closer to energy independence, but it will also help the planet by creating less pollution from the burning of fossil fuels.
In one hour enough solar energy falls on the earth to power the whole planet for a year. Put the sun's free energy to use and power your home for under $200.
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