Cost of Solar Powered Homes

Solar electricity and solar heating are just two of the alternative methods used to reduce dependency on grid tied electricity supplies but the real cost of solar powered homes is not always as easy to calculate. Before making any investment into implementing solar panel systems, you will want to ensure that your investment is going to make returns, not just for the environment, but financially too.
Although solar powered homes are becoming extremely popular in the media, there are certain factors that can adversely affect the ability for your home to achieve maximum solar efficiency. For some people, it is not a viable financial solution, but rather an ideological one.
In order to calculate how many panels you may require in order to run your home entirely on solar electricity, you will need to locate your monthly kilowatt hours on your electricity bill and divide that by thirty in order to get an average per day rate. Secondly you need to find out how many hours of direct sunlight your home experiences. For those living in the further north, this will mean a less than average amount which can be a deciding factor in whether solar energy is the most economical solution for your energy needs. This information can located online through national and local weather stations. Divide the average kilowatt hours per day by the number of hours of direct sunlight your home will experience.
Finally you want to take into consideration that there will be leakage and loss and the above figure will require being multiplied by 1.15 to 1.25. This is primarily to counteract the loss resulting in an amount in Kilowatts or watts which can be divided by the amount of watts produced by the solar panels. Panels are available in a range of both sizes and quality and will result in varying amounts of wattage being produced. The cost of solar powered homes ranges from around $4.00 to $6.00 per watt for purchased solar panels whilst building your own should result in the cost being brought down to around $1.50 per watt.
The cost of solar powered homes depends on a number of factors and although there are some areas that will, inevitably produce much more electricity from these sources, the technology is improving daily. This means that even if you live in a climate that experiences more inclement weather, you too can take full advantage of it and benefit from clean, renewable energy for years to come.

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