How Many Solar Panels Do I Need To Power My House? (2024 Solar Guide)
By Leonardo David /
Here’s what we’ll cover in this guide:
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To begin with, let’s talk dollars and cents. Based on the cost of DIY solar panel kits from companies like Renege and Grape Solar, the average cost per 400 watts (W) is between $500 and $600. Since the average U.S. homeowner needs a 9 kilowatt (kW) system to offset their electric bills, that puts the total cost for the equipment at between $11,250 and $13,500. In other words, that’s what you’ll pay for your actual solar components, before taking into account rebates and other tax incentives.
By contrast, the average cost of having your installation done by one of the top solar companies averages around $20,979— and that’s after tax credit incentives and rebates. In other words, choosing DIY solar can definitely be less expensive — around $7,000 less expensive, to be exact.
But why is this, exactly? When you go with a professional installation company, a big chunk of your overall cost is going to the design of your new solar power system, the higher efficiency and more durable solar panels and labor costs. By eliminating those three expenses, you can shave several thousand dollars off the total price tag.
The flip side is that professional installers are generally able to buy solar panels, solar inverters and the best solar batteries from wholesale distributors, which means they can collect and access a wider range of products and get them for lower prices than what’s available to the general public. In most cases, the high-end panels made by companies like Maxeon, Panasonic, and QCells aren’t even available to homeowners and can only be purchased by certified solar installers.
In thinking about the cost of solar panels, it’s also important to factor in the longevity of your system. After all, $13,500 is still a steep investment, so how much value can you expect in the long run?
In general, a residential renewable energy system built with the best and most efficient panels for homes should last anywhere from 25 to 35 years. Average that out to 30 years, and the cost of installation can be annualized to around $699. And that might be worth the higher investment. Let’s dive a little deeper.
Regional Service
Average cost
Pros
Cons
We like Blue Raven Solar because it understands that, for most homeowners, the cost of solar presents the biggest barrier to entry.
For that reason, Blue Raven Solar developed an innovative solar financing plan that offers in-house, flexible, zero-money-down options. The results speak for themselves, as Blue Raven Solar is now one of the fastest-growing solar companies in the nation and was recently acquired by SunPower. Its BluePower Plus+ plan (exclusive to Blue Raven) mimics the flexible structure of a lease while still providing the greatest benefits of owning your system.
Eligible homeowners enjoy 18 months of solar power before having to pay their first bill. When coupled with the federal solar investment tax credit (ITC), the initial energy savings can offset more than a third of the overall cost of a system before requiring a dollar down.
In contrast, other installers can only offer similar financing through solar leases, PPAs or third-party providers (such as Mosaic or Sunlight). Third-party loan providers can complicate the process, while opting for a loan or PPA will disqualify you from some of solar’s biggest benefits (additional property value, federal solar tax credit and local solar incentives).
EcoWatch Rating |
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Better Business Bureau (BBB) Rating |
Year Founded |
Average Cost ($-$$$$$) |
Solar Services |
Brands of Solar Equipment Offered |
Warranty Coverage |
4.5 |
A+ |
2014 |
$$ |
Solar Panels, System Monitoring |
Trina Solar, Canadian Solar, SolarEdge, Silfab, SunPower |
25-year manufacturer warranty; 10-year workmanship warranty, 2-year production guarantee |
Beyond price, there are a number of DIY solar energy pros and cons to consider before attempting to create your own solar panel system.
Here are a few of the major benefits of home DIY solar:
If you’re ready to learn more about how a certified installer can help you build a solar system, follow the links below.
While there are notable perks to the DIY solar approach, there are also some drawbacks worth noting:
The bottom line: Installing your own complete residential solar system at home can yield some notable advantages, including cost savings, but that doesn’t always mean it’s the wisest option. Due to the safety hazards, limited product options and lack of real solar expertise, many homeowners will conclude that DIY solar system installation just isn’t worth it.
So after weighing the pros and cons of DIY solar, what are the next steps? One thing to keep in mind is that many solar installers offer no-obligation estimates. Even if you’re leaning toward a DIY solar system, there’s no harm in considering your options and learning a bit more about the solar installation process.
And if you do decide to go with DIY, one important step is to check local zoning ordinances to be certain you can legally install solar panels. From there, start researching different solar panels, batteries and inverters, while also ensuring you have the right baseline knowledge regarding electrical work.
If you’re ready to learn more about how a certified installer can help you build a solar system, follow the links below.
The cost information presented in this article is derived from a comprehensive analysis, incorporating data from multiple industry sources. The average cost per watt per state was calculated based on figures from Consumer Affairs, Energy Sage, and Berkeley Lab’s Electricity Markets & Policy Department. Additionally, monthly energy consumption and the average monthly cost of electricity were sourced from the U.S. Energy Information Administration, ensuring a well-rounded and accurate representation of the information presented.
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