USA Today wrote an article recently about how solar power itself is a wonderful thing for anyone who has it, but that it has a price tag that makes most people pass. If you want to hook up enough to do your whole house, the average they quoted was about $34K. That’s a lot of dollars for a home improvement.
Solar Power is getting Cheaper, Though
The bright side (ok, I’ll stop, I’ll stop) is that technology is making solar paneling a heck of a lot cheaper (I read about it, it’s boring. Google ‘thin-film’), and it’s only going to get better, and should be competitive with standard grid power in less than a decade.
Solar panels cost a lot to make, but venture capital has poured money into companies that make them in recent years. So not only is it getting cheaper due to companies like Cypress Semiconductor (who claim they’ll be as cheap as grid power in five years) making massive technological innovations in their fields, but get this: If your solar system is plugged into the grid, the power company HAS TO PAY YOU for the extra juice you are providing them when you’re not using it. It’s a nice way to stick it to the man. There also may be huge tax credits available for both install and usage if you live in places like California or Oregon. Finally, it’s a huge selling point for your home if you ever decide to unload it….. “going green” is only getting hotter (ok last one) with time.
If you are interested in getting a quote for solar power on your house – check it out!
Last modified: March 12, 2014