Six Simple Steps to Estimate Cost of the Solar Power System  

by Pool Builders on 08-15-2013 in Articles

Six Simple steps to Estimate Cost of the Solar Power System

Solar energy energy systems are not really inexpensive. That said you need to compare them within context of other forms of home improvement tasks. Home buyers and real estate agents view a solar photovoltaic or solar warm water heating system as a substantial value-added improvement - much like adding a deck or even remodeling your kitchen. In addition unlike a deck or even kitchen remodel, you also gain one-up in your power bills.

Solar power systems often get one more financial boost as nicely: many jurisdictions and utilities over the USA offer attractive financial incentives they are driving down the upfront capital costs of a solar power system.

Here are a few foolproof ways to estimate the price of a solar photovoltaic or even solar thermal system and to determine if a solar energy system is sensible for you. Let's begin with a home photovoltaic (PV) program.

Step 1: Estimate your own home's electricity needs

To get going, it's good to possess a sense of how much electricity you utilize. You'll have a much better point for comparison if you discover out how many kilowatt hours (kWh) you utilize per day, per 30 days, per year. Your utility bill will include that information.
Of program, the utility bill will even display your costs and several utilities include a chart that displays how your own monthly energy use/cost varies throughout every season. That helps you estimation where your highest power use is and at what season.

New Home Construction
If you're constructing a new house, then you'll need in order to estimate your demand in line with the type of equipment you intend to install and your own home's square footage. The good qualities call this "your load".

To determine your anticipated load, produce a table to record the watt use for every appliance. Each appliance - whether it is a water heater, electrical light, computer, or refrigerator - must have a nameplate that listings its power rating within watts. Or you could possibly get the information from the actual manufacturer's website.
Some labeling list amperage and voltage just; to obtain watts multiply both together (amperage x voltage = watts). Within another column, record the amount of hours each appliance is likely to operate. Then multiple the w and hours together in order to estimate watt-hours used daily. Since it's hard in order to anticipate all electric loads (it could get tedious scouting out every toothbrush and cell phone cell charger), you may want to add a multiplier of just one. 5 to be secure.

Step 2: Anticipate the near future

In 2005, average residential electricity rates over the USA ranged from regarding 6 to nearly sixteen cents per kilowatt hour based on where you lived. Average retail and industrial electricity rates have elevated roughly 30% since 1999 and also the upward trend will most likely continue especially as costs for that coal and hydropower accustomed to generate that electricity rise too. So think about your house electricity needs and existing and future cost with regards to one another.

Step 3: Just how much sun do you obtain?

The Florida Solar Power Center has conducted research to examine how the 2-kW photovoltaic system might perform if installed on the highly energy efficient home over the continental USA).

The study accounted for those factors that impact the PV system's performance like the temperature effect on the actual photovoltaic cells, the quantity of sun peak hours in a variety of regions, and the effectiveness of inverter to transform solar derived energy through DC to AC.

Since the study implies, solar photovoltaic systems work almost anyplace in the US. Even within the Northeast or in "rainy Seattle", the PV system can pen out if designed as well as installed properly. In Ny or New Jersey, a one kilowatt program should produce about 1270 kilowatt hours of electricity each year, in Seattle, a one kilowatt program should produce about 1200 kilowatt hours each year. In the Southwest, obviously, those ratios will end up being much greater.
Solar contractors in your town can help determine the very best size for your photo voltaic photovoltaic system.

Step 4: Size your system

Generally, solar photovoltaic systems size between 1 to 5 kilowatts are often sufficient to meet the electricity needs on most homes. One advantage of grid-tied systems is which you can use solar PV to supplement or offset a number of your electricity needs; therefore you can size your system to fit your budget and always increase the system later if required.

Also as a aspect note, here's a guideline to remember to assist you to estimate the physical room your PV system may need: one square foot produces 10 watts. So within bright sunlight, a square foot of the conventional photovoltaic panel may produce 10 watts associated with power. A 1000 watt program, for example, may require 100 - 200 sq. feet of area, with respect to the type of PV component used.

Step 5: Understand your rebates

Many says and local jurisdictions provide rebates, tax credits along with other types of incentives in order to homeowners for installing home photovoltaic and solar household water systems.

At the actual Federal Level, you can make the most of a 30% tax credit (of as much as $2, 000) for the purchase of the residential solar system a minimum of until December 31, 08.
Step 6: Run the actual numbers

Although the cost for any solar PV system is determined by the size of the system you want to install, your electricity price, the amount of kilowatt hours you anticipate to generate, and the state/local rebates/tax credits which may be available, the formulas for determining the returns are pretty very similar.

For those who appreciate getting the formulas, use the ones the following to do a fast ballpark estimate of just how much a solar photovoltaic system might set you back.

Retail Price for Photo voltaic Photovoltaic System

+ Creating Permits

- $2, 000 Government Tax Credit

- Condition or Local Tax Credit score or Rebate

- Power Rebate or Other Motivation

= Net Investment
Kilowatts of electricity generated from PV each year

x Kilowatt hours used each year

= Annual Kilowatt energy in the PV system
Annual Kilowatt energy in the PV system

x Present Residential Electricity Rate

= Yearly $$ Saved
Yearly Extra PV Energy Produced

by $$ credit applied for each watt

= Annual Worth from Net Metering

Obviously, a more accurate assessment could be made by a professional. Work with a solar energy contractor to size and price the best system for you. As holds true with any major buy, don't hesitate to request several bids from various contractors.
Many solar power providers provides you with a comprehensive estimate. Helpful tips to know includes:
· Total cost to create the system operational (labor price for design and set up and equipment costs)
· Equipment (Make as well as Model)
· Warranty info
· Permit expenses, if needed
· Tax, exactly where applicable
· Federal tax credit
· State or local legal system tax credits or refunds
· Utility rebates
· Expected Green Energy Certificates or Internet metering credits
· Expected procedure and maintenance costs
· Projected cost savings

Solar Thermal (also known as Solar Hot Water)

Solar thermal systems catch the sun's energy in order to heat water and are probably the most cost-effective renewable energy techniques. They are used to heat warm water tanks and/or a heat. A solar pool heating system is another kind of solar thermal system created specifically to heat a pool or spa.

Generally it's worth looking into the economic viability associated with installing a solar hot water system for those who have an electric water heating unit with utility rates of a minimum of 5 cents per kilowatt hour and also have tax credits or refunds available. (It may even end up being worth changing out a gas-powered hot water heater if your costs are in least $8/million BTU).
The formulas for priced at out a solar water heater system act like estimating the cost for installing photovoltaic system. Many solar energy professionals will help you determine what system might work best for you personally.

Heating Your Swimming Pool with Solar energy
Although few jurisdictions supply financial incentives for using solar power to heat a pool or hot tub, generally, using solar power in order to heat your pool is really a "no-brainer" from a roi standpoint.

The electricity accustomed to heat a pool throughout the swimming season often amounts towards the same amount of power that homes-without-pools consume on the year. Combining a solar thermal system to create heat for the pool having a solar thermal pool cover to support the heat generated can additional maximize efficiencies and lengthen your swimming season.

Most installers suggest that a solar collector accustomed to heat a pool is actually sized at roughly fifty percent the square footage of the pool surface area. Solar thermal panels usually last 10 - 20 years and have a 10-year warranty.

How long it requires to break even on the price of your solar power swimming pool system depends on in your geographical area. In California or other areas of the Southwest, you'll break even in 1 to three years but places as "far north" because Canada, a solar pool heat pencils out over a slightly longer time period.

To know more about the solar power system plz click here:

Philadelphia County Solar Power

Philadelphia County Geothermal

Pennsylvania Solar Water Heater

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