Solar Panel Costs Breakdown

Understand all of the costs associated with going solar. From the overall design, cost of your solar panels, to financing. Although the cost of your solar equipment will make the greatest impact on the total cost of going solar, other factors like how the system is designed, and the type of solar financing will all make an impact on your overall costs. We have broken down the factors factors and their approximate weight into how much they impact your total costs of not just going solar but . Be a smart solar shopper by understanding how all of the factors associated with going solar make an impact on the overall cost of going solar.

Greatest Impact on Cost Across System Lifecycle

System Design

How your system is designed and how much it can offset plays an important role in determining the total cost of your solar energy system.

20 %
Solar Installation

Most people only consider the cost of solar equipment & installation. But there are other areas that can play an even bigger part of your solar energy costs. Despite the solar equipment being the majority of the costs, understand what other elements can impact your solar energy costs.

65 %
Financing

How you finance your solar energy system can impact the total cost of your solar energy system. Watch out for added costs like dealer fees, or high interest rates.

10 %
Post Installation

There are costs associated with maintaining solar. Everything from your true-up bill to connection fees will impact the cost of your system.

5 %

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Proper System Design Ensures You Maximize Your Costs

How your system is designed is one of the most crucial decisions you'll make that will impact the total cost of your system. Not only will it impact what kind of equipment you'll need, but it can also impact your post installation costs through a higher true-up bill. You want to ensure that you aren't paying an unexpected true-up bill at the end of your 12 (twelve) month billing period.

If you create a system that only covers 80% of what you use, or 90% of what you use, you end up having a gap that you'll have to pay back to your utility company like Southern California Edison (SCE) at the end of the year. However, back in the day that was how the system was sold. It only covered part of the bill but helped offset the highest electricity tiers.