Solar energy is a natural, clean and replaceable form of energy that is very cost effective and easy to generate. Solar electricity, that is obtainable in the forms of solar electricity panels and solar hot water panels, can generate enough strength to run household or small business appliances. These two major forms of solar strength are used to generate electricity or heat the water that we use for our daily activities. Both these major forms of solar energy deploy photovoltaic strength over fossil fuels that are used for providing the required amount of strength to both homes and businesses.
Solar strength is undoubtedly cheaper however one needs to figure out how to calculate solar panel prices in order to install a solar panel in a home or business. The first thing that a person has to do is refer to his monthly electricity bill and check how many kilowatts or KWH they use every month. If they then multiply the KWH by 1000 they will get the calculate for his monthly Watts or Hours of electrical consumption. After you get this amount you need to divide the above sum by 30 to get the daily average electricity consumption. This sum is than divided by the hours of the sun that he gets to his home and when calculating these hours he should take the shortest hours in order to be on the safe side and get the sufficient amount of energy to his home or business.
The next question that arises, is the cost of the solar panels? The solar panel price depends on whether they are self made or purchased. The self made solar panels are cheap and they can be conveniently manufactured at home by following a simple step by step solar panel kit guide. These kits are very informative with audio and visual aids and they also provide information to the person from where to buy the equipment and materials needed for building the kit. These self made solar panels can be maufactured for as little as $200. For those who do not have time they can opt for the pre made solar panels that whose solar panel prices depend on the amount of solar energy that is required. After calculating the amount of solar energy that is required by referring to the above mentioned method one can buy a single, medium or large solar panel.
The single solar panel costs somewhere around $900 in total or it can be approx $12 per Watt. For high energy efficiency houses, a medium solar panel will cost around $25, 000 and for large houses the cost of a solar panel will be over $50, 000. There are many people who are not aware of the fact that there are many federal, state and local tax rebates, credits and incentives that are obtainable for reducing solar panel prices. These incentives can help a person save up to half the prices of a solar strength set up. Each State government provides for these facilities and needs to check the State websites and refer to them for more specific details.