Cost of solar calculatorn11 Jul, 2022nHow much do solar panels cost? The solar calculator uses a few pieces of information, such as your location and current energy consumption, to estimate the size system that you will need to eliminate your electric bill.nnSolar Panel Installation Cost CalculatornTo get started, enter your ZIP code. To calculate your system size, weu2019ll use the average cost of electricity in your area as well as average sun hours and energy usage.nnSolar Federal Tax Credit 2022nYou can apply 26% of the cost of installing your solar system towards a credit that will offset any taxes you owe for the year. Although this federal tax credit is an important incentive to go solar it will be phased out by 2022.nnSolar panels cost can be affected by many factors. Knowing the why and how of cost variances will help you plan your solar system. Letu2019s take a look at the factors that affect the cost of your solar system, and how we can use them to our advantage.nnSolar Now CheapestnAs the industry develops, solar panels have become less expensive. Many homeowners have been able to get solar panels installed at a lower cost thanks to government incentives programs. The cost of solar panels will depend on the type of system and whereabouts of the property. These factors are important to consider when youu2019re considering going solar.nnDifferent Types of Solar SystemsnnCost will be affected by the type of solar panel system that you choose. Prices for grid-tie and grid-tie solar, as well as energy storage and off-grid, vary. The best solar panels for your property should meet your requirements and be within your budget.nnGrid Tie Solar System With Battery BackupnGrid-tie systems can help lower the cost for solar panels if you have access to the grid. Grid-tie systems with energy storage can help you save even more. You donu2019t have to store electricity on the grid. You may also be able, depending on where you live, to sell stored energy. A separate off-grid system can be a substantial cost.nnAn off-grid system will require you to buy batteries that are almost half the price of an on-grid solar system.nnWe recommend that you connect a grid-tied system if you have the choice. If you donu2019t want to be connected to a utility grid, however, off-grid Solar will still save money over the long term.nnThere are many sizes available for panels, from small 5W panels to large 400W+ premium options. nnSolar Price Per WattnCost-per-watt can be used to help you compare panels. You will get more power per dollar, but the panels with the lowest cost-per-watt will be smaller.nnYou automatically qualify for federal tax credits when you buy solar panels. In the form of a tax credit, you will receive a portion of what you paid for your system. The percentage you get depends on the date you purchased your solar panels.nnYouu2019ll get a 26% tax credit if you buy a solar system between 2020-2022. It drops to 22% in 2023. The credit will be withdrawn from residential property owners in 2024, but it will continue at 10% for commercial properties.nnThe federal tax credit will make solar panels more affordable if you start sooner. It is important to remember that your bottom line will be affected by the brand you choose. nnQ Cell Solar PanelsnnNevada Solar Group offers a variety of solar panel brands to ensure you get the system that you want at the right price. Check out our inventory of solar panels to find the right solar energy system for you. We are suppliers of Q Cell Solar Panels as well.nnIn the last decade, solar energy costs have dropped dramatically. The average price of solar panels now costs less than half that it did ten years ago.nnSolar panels cost between $0.65 and $0.75 cents per watt on average. Depending on the quality and scale of the panels, quality panels might price more than $1 per watt. Our calculator utilizes benchmark boards to estimate the cost of your solar system.nnOur solar power calculator uses the information you provide to calculate how much solar energy is needed.nnThis is only an estimate. Your efficiency will be affected by many other factors, such as shade, roof material and temperature.nnWe will give you the most accurate estimate, but it is impossible to give an exact figure until we have all details about your project. nnTalk to a solar designer at Nevada Solar Group to create a system that takes into account the unique challenges and inefficiencies of your project.nnYou will generally earn more over the lifetime of the system due to the tax incentives like the federal solar credit and the reduction in your energy bill.nnSolar Roof Cost CalculatornAll done? A one- or two-digit number should be your payback period. This number is your payback time, in years. This is the amount of time it takes for your system to break even.nnSolar panels come with a warranty of 25 years. To calculate your solar investmentu2019s total return, divide the final number (in our case, 7.04) by 25. This would mean that our system would be paid for 3.55 times during its warrantied lifetime.nnSolar Installation CalculatornThe federal government offers a tax credit to help you invest in solar energy when you have a solar power plant installed.nnTax credits are a dollar-foru2013dollar decrease in the amount of income tax that you owe. 1 credit equals $1 less in taxes.nnLetu2019s take, for example, $10,000 in federal taxes. A $6,000 tax credit can help you pay part of your debt. After the credit has been applied, you would still have to pay $4,000 in taxes.nnThis incentive is different from a refund because you must owe taxes in order to claim it. However, since most people owe taxes most people are eligible.nnThis calculator will quickly calculate your solar potential and save you money by calculating the address. These estimates are based upon your roof, electricity bill, as well as actual offers in your local area.