Solar Panel Costs - Building Vs Buying

Solar panels are by far the most popular method ofwatts will not be sufficient to run an entire home, but
generating electricity for domestic use. Thousands ofwill be able to reduce your electricity costs. Of course
people are taking advantage of this technology. Foryou will want to take advantage of tax rebates and
many the option of building their own solar powercash incentives as well as local tax incentives in order
panels has been just beyond their reach, but this is notto reduce your costs. The government are offering
longer the case.30%, whilst some people in some areas are able to
Anyone with a little handyman experience will be ablereduce their costs by up to 75%. If you are able to
to produce excellent solar energy panels that are of areduce your costs by an average of 40%, then your
professional standard and will produce as muchcost per watt will be around $2.88.
energy as the prefabricated ones. Calculating theIf you are paying in the region of $.12 per watt usage
costs of building your own makes the investment allper month, then it will take you some time to recover
the more viable.your initial investment.
So what are the Average Costs of Buying yourThe Average Cost of Building Your Solar Panels?
Panels?Building your panels will cost in the region of $2.20 per
At present the average cost per watt produced by awatt before incentives and $1.40 after. By building your
prefabricated panels is in the region of $4.80. If youown panels, you are also able to build them at a pace
wish to produce 200 watts a day of energy, yourthat you can afford and can install them yourself to
entire system will cost you in the region of $980. 200reduce your costs further.