Cost Effectiveness

According to a cost calculator, the rate per kilowatt if you loan the solar panels for 15
years, the rate is $0.09. You also have to pay $200 monthly on top of that for the loan. If
you rent the solar panels for 25 years, the rate becomes $0.12 and the monthly fee
remains the same. The electricity made by the solar panels are currently $0.70 per watt.
This means that it costs you 70 cents to get 1 watt of electricity.

Solar Panels
Solar panels are the most significant of all the solar energy equipment. They are needed
to harness the energy that is being generated by the sun to produce the power.

Batteries
Another piece of solar energy equipment is the battery, which is designed to discharge
and recharge energy countless times on a given day. So if the sun isnt shining the battery
storage will provide consistent power supply. Solar batteries are recommended as they
are designed to be charged and discharged repeatedly.

Charge Controller
In high sun exposure the voltage produced by the solar panels has the potential to
damage the batteries. Solar energy equipment to prevent overcharging a charge
controller is required to regulate the charge, ultimately increasing battery life and
performance.

Power Inverter
A power inverter is solar energy equipment needed unless on battery power exclusively.
There are two uses for a power inverter, one is to convert low voltage DC to the 120 volts
AC needed for appliances, the other is to charge batteries if connected to a utility grid or
an AC Generator.

Find solar technology bewildering? Best way to choose solar equipment in Northern
Arizona is to contact Pur Solar, we can look at your site and find the exact design and
products that will work best for the conditions you have.

Get Your Solar Energy Project Funded!

Funding Solar Energy Projects
A great feature in funding solar power projects is the fact that:
1) Traditional funding instruments can be and often are used, and
2) No special accommodations or arrangements need to be added on to a funding arrangement involving solar
energy.
The best case scenario is if you (as project promoter/owner) have an off-take agreement (agreement in which a
third party that has signed a contract guaranteeing that they will be buying the promoter's output for a certain
length of time in the future) right from the start.
Why? Because for investors it is a guarantee of return on their investment, not to mention that it is also a
steady guaranteed payment on the debt of the equipment due to the fact that the energy produced is sold over
the long term (thus, there is a guaranteed income).

Cost of Solar Power

On average the total cost of solar installation can be between $15,000 to $29,000 for average
sized systems sized between 4kW and 8kW. 2

Equipment costs: Solar panels , inverter, mounting hardware and wiring

Installation and permits: Solar installation , supply chain, permitting and interconnection
Sales and operational: Monitoring and maintenance costs, repairs, additional
operational and overhead

Solar vs. Your Utility Company

Did you know that solar power already costs less than grid power in 10 states? That
translates into big savings on your utility bill. Heres why its happening:

1. Despite temporary drops in the price of oil and natural gas, utility companies
continue to increase electric rates.3 Over time, fossil fuels will continue to be limited,
further driving the costs up.
2. The cost of solar panels is falling, down almost 100 percent since 1977 (see chart)
and more than 50% since 2007 alone.4
3. Installation costs are falling as well, as more solar providers enter the market to meet
growing demand.

Incentives can help you save

Federal, state and local incentives push costs down even further. Currently, homeowners can
take advantage of a 30 percent federal tax credit now through 2016. Even if the credit falls to
10 percent with no additional rebates after 2016 as some predict, solar comes out ahead of
grid electricity in most of the U.S. as shown in this map. 5
So why wait? Solar is ready now, and your savings start immediately.

The average cost of solar panels

The daily cost (Every day) for solar panels is $6.45
The monthly cost for solar panels is 199.95
The yearly cost for solar panels is2399.4
House Cost for Solar Panels
A kit as small as 2 Kilowatts (2000 Watts) will cost $6,664.45 CAD
- $3.33 CAD per watt (at time of publishing - 2015). A significant drop from
just 3 years ago (2012) when the cost was $4.80 CAD per watt ($5,767.59
CAD) for a 1.2 Kw system).
This is who much you earn each month

January
February
March
April
May
June

$348
$465
$527
$515
$586
$594

July
August
September
October
November
December

$601
$563
$459
$383
$216
$245