How Much Does It Cost to Get Solar Panels?

Feb 13, 2020

Solar Panels You’ve heard all about the benefits of solar panels—saving money on your electric bill, living a more “green” life, etc. But what about the upfront cost of having solar panels installed? Are they really worth the expense?

The truth is, solar panels start paying for themselves the minute they are installed. You won’t have to wait weeks or months to start seeing the monetary benefits; you’ll immediately reduce your energy consumption. Within as little as five years, the savings you’re enjoying will equal the total cost of the solar panels.

Plus, when you have solar panels installed, you’re eligible for various financial incentives, tax credits, and utility rebates, which can help to reduce the overall cost of the system.

Financing Solar Panels

Many homeowners choose to finance their solar panels purchase, which is a great option. Consider taking out a home equity loan that is tax-deductible. In many cases, homeowners report that the loan payment combined with a reduced electric bill is less than what they were paying on electricity before. That’s a win-win in any case!

Consult With Byers

Byers is proud to help homeowners in Northern California make the switch to solar. We install premium SunPower® solar panels that provide top-notch efficiency for decades. We’ll be glad to come to your home to discuss the benefits of going solar and the financing options available to you. Contact us today to schedule a free consultation!