How much solar panel installation costs?


Posted February 15, 2016 by andrespena489

Before considering solar system for your home or office you must have think about how much all this would cost you. In

 
Before considering solar system for your home or office you must have think about how much all this would cost you. In fact knowing the cost of the entire project of installing the solar energy system is the most important pre- requirement in this procedure. To get the idea of the cost it is fair to ask the following questions to yourself:
• How many solar panels you want to fit on your best roof faces
• Type of the panels you are choosing
• Type of the inverters that you want to choose
It is important to understand that cost of Ontario solar panels used to fluctuate in the solar market. Therefore it is always suggested to contact a reliable solar panel installer company and have them quote you on your particular installation.
Currently, a solar power system can typically cost you from $20,000 to $40,000 depending on the size of system. This cost for solar system seems much higher but there is good news for the people who want the installation of solar panels for home as they can earn 10% or more on their investment under Ontario’s solar incentive program but depending upon the size of solar system. You will get the actual return depending on pitch of the roof as well as how much the direction of roof is in south.
If you have enough space on your roof that is perfect to install a 10 kW residential solar system, you would be looking at an investment of about $40,000 + tax; but no need to worry about the tax as you can receive all of this back. In this situation you can get a profit of $4,000 per year for more than 20 years. It means that you will get your initial investment back within 8 to 10 years. After your solar power system is paid for, remaining 10 years of the income will be the money coming to you. The solar panels come with 25 year warranty but they can go for 25 to 35 years.
While finalising the deal with the solar panel installer, be sure to ask them what sort of costs are included in the cost of and what are not? During this meeting there should be no unpleasant and expensive surprises. A competent and reliable company must understand that it is the right of the client to complete the transparency and therefore such companies include the following components in all their installations:
• Solar panels
• Rails and flashing units
• Design
• Inverters and monitoring
• Permits (varies per jurisdiction)
• Complete the system wiring disconnects & sub panels
• Labour
• Electrical
• Engineering (if required)
• Squirrel guard

Find more information relating to solar panels, and Ontario solar panels here.
Media Contact:
BendyGo Inc.
bendygo.com
10 Newkirk Rd #21 Richmond Hill,
ON L4C 5S3
Greater Toronto Area,
Ontario, Canada
Toll-Free Number: 1-866- 617-8940 , 1-905-695-5461
[email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By BendyGo Inc.
Country Canada
Categories Business
Last Updated February 15, 2016