What Is the Average Cost of Solar Panels Installation in The Big Island?
Solar energy is fast becoming very popular in
Hawaii and so are the big
island solar companies developing and offering the latest upgraded solar
panels to help promote energy efficiency. Solar panel installation is now a
smart way to reduce environmental pollution and save on electricity. There are
several factors that influence the cost of a solar panel system and
installation.
In Hawaii, as technology advances and the big island solar companies
accomplish greater economies of scale, the attempt to promote solar energy in
the place is growing by making solar panels affordable and accessible to people.
As of 2020 in Hawaii, the average cost of
solar panels is around $3.91 per watt. For instance, a 6000-watt solar system
will cost around $23,477 before claiming the federal solar credit and can
reduce to around $17,373 once you claim the federal solar tax credit.
What Influences the Cost of Solar Panels installation?
Solar panel installations are absolutely
worth it and perhaps are one of the best home improvement investments. And for
better, the average cost of solar panels and installation is seen to be
consistently declining.
Like mentioned earlier, several factors
influence the cost of solar panels installation in business or home. It’s
important that you understand that the sum total of solar panel installation
will include more than just the cost of the product. In fact, the solar panels
only make up about 15% of the total cost, while the rest are split between
factors such as sales taxes, labor, permit fees, supporting equipment, and
location and characteristics of your home.
Switching to solar energy will definitely
help you save money in the long term, though it will require a big investment
or a loan payment at the initial stage. Increased productivity, reliability,
and payback period of your solar panels by getting your solar panel installed by
the professionals at ProSolar Hawaii one of the
top leading big island solar companies in Hawaii.
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