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Solar Panel: Does Anyone Know The Average Cost To Install A Solar Panel And Wind Power System? (8/18/2011)

in Solar Panel

How much will it cost for a working solar panel and working wind mill?


More Pages:

  1. Solar Producer: When Will Solar And Wind Power Be Affordable To The Average Home Owner? (8/11/2011)
  2. Solar Power: How Much Does Wind Power And Solar Power Cost? (5/2/2011)
  3. Solar Power: How Much Does It Cost Do Have Solar Power To Run An Average Home? Wind Power? Hydro Power? How Big Is The Unit (7/31/2011)
  4. Solar Panel: How Much Would A Solar Panel Cost On Average In The South? (6/3/2011)
  5. Solar Power: How Much It Would Cost For Wind Power Generator ? (6/26/2011)

{ 3 comments… read them below or add one }

Suzii August 18, 2011 at 4:02 pm

Google has alot of links on both of these inquiries.

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whsgreenmom August 18, 2011 at 4:41 pm

I can tell you how much my system cost. The total was $ 26K, but I got a $ 10K rebate from my utility and I’ll receive a $ 2K tax credit. Next year the fed. tax credit will increase to 30% of the total cost. I have a 3.75kwh system with 19 panels. I generate over 75% of my electricity in the summer and so far this winter I’m still at about 50%.

Just to give you an idea of the savings, I should break even in my 6th year. The system is guaranteed for 25 years, so I’ll be getting at least 18 years of free energy. My highest bill in the summer was under $ 20 and I haven’t seen a bill above $ 35 since they were installed.

Where you live, the direction your home faces and shade factors will determine how much energy you can generate. Getting 1-2 years of usage history will help determine what size system will work best for you. I suggest contacting a local licensed contractor and having them give you a free no obligation bid. That is the best way to see what is possible and the costs for your specific situation.

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Robert D August 18, 2011 at 5:26 pm

That will depend on a few things that you didn’t mention. A few considerations are size of the house/building, amount of electrical items such as lights etc. that you plan to operate. The other thing to consider is whether or not you are going to store electricity for use when there is no light or wind. You can ben on grid or off grid, which means you either have wire coming to your house with commercial power or not. I can tell you this, Costco was recently selling a system that didn’t store power and was solar only for about 15k, this would provide about 50% of the power being used by the residence and get you some money back from your provider, it would take about 15 yrs. to break even on your investment. A friend of mine put in a system which was wind and solar, did lots of work himself and stored power in batteries, his cost was about 30k with lots of rebates at the time. He was able to provide about 80% of his needs for a large 3 bedroom residence. This was in California with lots of wind and sun, he has since moved and took the system with him.
A note to consider, technology is changing fast, read before you buy.
Bloosolar.com is a good one, the other one is Nanosolar.com, lots of good info, good luck!

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