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Solar Engineering Group provides unbiased guidance for people considering installing solar energy systems. The group urges Americans to consider decreased solar energy prices as an important data point for deciding whether or not to install a solar energy system for their home or office.
The average gross solar panel cost is $18,840, which is 6.5 percent lower than it was one year ago. How does that translate to homeowners? The average U.S. homeowner needs a 5kW system, which costs approximately $10,990 after tax credits.
The amount that people can save with solar panels varies by state. Homeowners in Portland will save about $17,000 over 20 years when they go solar. Boston homeowners will save roughly $43,000 during that same time frame, and Los Angeles homeowners will save $50,000. The average U.S. household can break even on their solar energy system in just seven years.
“It’s very encouraging to see the cost of solar coming down,” said Chase Daily, Solar Engineering Group founder. “Not everyone is a candidate for solar panels, but those who are stand to benefit significantly from the cost savings, while supporting the environment as well. We are optimistic that solar prices will continue to fall, making solar energy accessible to more Americans than ever.”
The Solar Engineering Group consists of a team of dedicated designers and engineers that can help people decide whether solar is right for their home. While solar presents significant savings over time for many people, it is not always an economical choice. Homeowners contemplating solar must consider many factors, including their energy needs, the price of electricity in their community, the amount of sun their area gets, the way their home faces, the cost of installation, and the composition of the roof. (Some roofs can’t support solar panels.)
All of these factors can be confusing, but Solar Engineering Group does the heavy lifting for consumers, generating a SunFactsTM Report that provides a detailed, comprehensive survey of homes and their potential for solar investment. SEG creates its reports through highly trained engineers, not cheap software programs. Unlike many other services, SEG has no ties to solar panel manufacturers or installation companies, allowing them to generate honest, unbiased feedback to help people assess the advantages and disadvantages of going solar.
For more information about falling solar prices and their impact on a potential investment in a solar PV system, visit www.SunEngis.com or call (801) 690-4873.
About Solar Engineering Group
Solar Engineering Group aims to provide the information people and businesses need to make an informed decision whether they should invest in solar power or not. Solar Engineering Group believes that if people know more about solar PV, the more confidence they can have in their investment.
