What’s the average solar power system cost on Maui?
While choosing the cleanest renewable energy source on earth makes a lot of sense, making up your mind to go green may seem tricky, especially if you’re not aware of solar power system cost on Maui.
There’s no one size fits all formula for determining all solar power system cost on Maui. This is because not all solar panels and installers are exactly the same. However, there are key significant factors that can help you arrive at the right solar power system cost for your home.
Similar to several other products, choosing the cheapest may mean opting for a poor quality and unreliable product. Its strongly recommended to choose a solar power system with at least a 20 years warranty.
Factors Affecting Solar Power System Cost on Maui
Here’s a simple breakdown of the various factors that affects solar power system costs on Maui:
The Number of Solar Panels You Want To Buy
How big you want your solar power system to be will ultimately determine the number of panels you’ll have to buy. The more panels you need, the more you’ll have to pay for solar power system costs on Maui.
The best part is that the larger your solar system, the more effective its power generation will be, and the higher the percentage your power bill will be slashed. This means more kilowatts of installed solar power transforms to more savings. But you’ll have to pay a higher upfront investment cost to get started.
You can use this Solar Size Calculator to calculate the appropriate solar power size you need to power your home.
Types of Solar Panels
Top-quality solar panels generate more power more efficiently. This means you’ll end up saving more on power bills for many years. But the initial investment in such top-quality panels cost more. The type of solar panel you choose will affect your solar power system cost on Maui.
The 3 key types of available solar panels are Monocrystalline, Polycrystalline, and Thin-film. Monocrystalline are known for their top quality, high efficiency, and aesthetic appearance. While Thin-film panels are the least efficient among all three.
But thin-films are the cheapest, and with the shortest lifespan. This means you’ll have to buy more Thin-film panels to generate a similar amount of power as a fewer number of crystalline panels.
Where You Want Your Solar Panels Installed
Do you prefer a ground-mounted or a roof-mounted solar power system? Ground mounted solar power system cost on Maui are typically more expensive. If you have a good flat roof or an angled one facing the sun, the installation will be faster and cheaper.
But if your rooftop has awkward rooflines, complex angles, and skylights, installing the panels may be more complicated. Also, if you have a partially damaged roof or an old one that requires replacement, you will most likely spend more to have the panels installed.
How Fast You Can Get to The Break-Even Point
If you’re looking at your solar power system cost on Maui in terms of the next two to three decades and not as a one-time payment, you’d probably realize how cost effective they are. Top-quality solar panels that generate more power and are more durable will save you more money over time.
Also, electricity costs are constantly rising every year. This means your solar power savings will most likely increase every year. The faster and more you can save, the sooner your return on investment (ROI).
The Solar Installer You Choose
A poor installation job can cost you a huge sum of money in lost savings and other costs down the road. So, choose a top-rated installer with the right expertise and experience to install your solar appropriately. Ultimately, you’ll get more than whatever you invest on your solar power system cost on Maui.