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Solar is less expensive than you think

Frank ReynoldsJune 22, 2018 1201 0

Solar power is less expensive than you think

If you think solar power is out of reach, think again  There are lots of things that are more expensive or almost as expensive as solar panels, and none of them create value. Because of financing, people no longer have to pay for the panels all at once. This allows them to pay for things over time, which is something we do already.  

If we set up a 6.3 kW solar panel system in California, the cost is roughly $15,400 before you apply the federal tax credit of 30 percent. Once you factor in that tax credit the price is a lot cheaper. There are lots of things that we pay more than $15,000 on over time and that is why we decided to show that solar is less than you think.
 

Solar power is less than a car

Cars and trucks are expensive. Yes technically there are new vehicles less than $15,400, but the vast majority of them are $25,000 and more. A new well-equipped Chevy Silverado truck is going to cost $44,000, and although they are less expensive a Ram truck will still hit you for $35,000. Every vehicle is also a depreciating asset. It loses money the second you sign the paperwork and drives it off the lot. Nearly everybody owns a vehicle, and nearly everybody decided to make monthly payments on those cars or trucks.
 

Solar power is cheaper than gas and insurance for the car

Right now gas is higher than it’s been for a few years, and and the average American family spends about $1,900 each year on gas and another $1,200  for insurance on two cars. If you add the gas price and insurance price for those five years, you get $15,500. It’s close, yet more expensive than those solar panels. You also used all the gas, your car has 80,000 miles on it and is worth a fraction of what you paid for it, and those solar panels keep producing while making the home worth more money.

If you want to move into the future and join the solar revolution, or if you want to find out what solar panels are right for you, go to HahaSmart.com and try our price checker tool. You can see how much a system will cost, and how much you can save over the next 20 years.

For more information relating to going solar, don't forget to visit our solar blog section for more handy guides and articles.

 

Solar system price checker

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