How much does it cost to go solar—and how much can it save you?

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Invest in years of savings with a one-time investment in solar energy for your home. Weather you chose to go completely off the grid, or just be able to reduce your electric bill by having part of your energy come from solar, 2021 is the time to compare rates and get moving on clean, affordable energy.

The Costs of Going Solar.

Solar panels and solar power energy systems have only gotten more affordable as the years have gone on. In 2021, the average cost of rooftop solar in the US is about $20,000 including potential federal tax credits that encourage solar for homes. As equipment and processes become more developed, and more efficient, prices drop, too. In fact, the cost of installing a solar energy system on your home has gone down 20% over the last 5 years. Home size, energy needs, and available rooftop space also factor into the cost of your system.

Grid tied systems maintain your relationship with the electric company, for better or worse, but allows for net metering, where you can sell excess solar energy generated by your home system back to the grid—potentially further reducing your overall costs. The grid is part of your backup energy plan, though solar battery storage may still be worked into your system.

"To be 100% self-reliant, your system can include more battery storage than a grid-tied system."

This makes sure that you always have the power you need when you need it. Plus, your bill for financing your system will always be the same, while each year, electric utilities may raise the price you’re paying for energy, and your monthly bill. When you own your system, your costs are no more than your monthly financing costs and are typically paid off within seven years. Once your solar energy system is paid off, your energy bill is entirely eliminated.