The total cost of a solar energy system is comprised of a number of factors.
Some of the most frequently asked questions about installing solar panels are related to the cost of solar power in Texas. The total cost of a solar energy system is comprised of a number of factors including solar panels, electrical wiring and associated components, racking and mounting hardware, inverters, system monitoring, permits, and labor.
While all of this may sound like a lot of equipment and lead you to believe that solar power in Texas is too expensive, the truth is that the cost of a solar power system has never been more affordable.
Related Reading: BIG Solar Incentives & Rebates Available In Texas
In fact, the average cost of a fully installed PV solar system has decreased by more than 50% since 2010. The cost of solar panels alone has decreased by 60% since 2011!
The Cost To Go Solar On Your Texas Home Or Business Is Determined By How Large Of A System You Will Have Installed, Which Is A Function Of How Much Power You Would Like To Generate.
An Alba Energy solar specialist will be able to analyze your current energy usage and design a system that will work best for you.
The Cost Of Power Over Time (The Cost Of NOT Using Solar Power)
Do you know how much you’ll spend on power over time? Let’s find out!
Take your average monthly power bill and multiply it by 12 (12 months a year), and then by 10 (10 year period). The resulting number is, conservatively, the amount of money you will spend on power over the next 10 years.
$125 dollar average monthly power bill x 12 months x 10 years = $15,000 dollars spent on power over 10 years! And that does NOT include power rate increases (which gradually increase over time).
That’s a lot of money spent on power, right?!
Now, imagine having some or all of that money back in your pocket. You can save that much money with solar power, and Alba Energy can show you how!
A Final Word On The Cost Of Solar Power: Financing
Alba Energy is proud to offer an innovative solar financing program which enables virtually everyone to go solar on a home or business and pay less for power than you currently pay each month. That is, the cost of your new power bill + the monthly solar finance payment will be less than your current power bill.