flexiblefullpage - default
Currently Reading

Evaluating Cost/Benefit Of Solar Takes Into Account Climate, Local Utility Cost, Incentives

Advertisement
billboard - default

Evaluating Cost/Benefit Of Solar Takes Into Account Climate, Local Utility Cost, Incentives

The average cost of rooftop solar power is now equivalent to the national average for utility-supplied electricity, or about 12¢ per kWh


By Peter Fabris, Contributing Editor February 16, 2017

A thorough cost/benefit analysis of installing rooftop PVs on a home has to take into account numerous factors including climate, the cost of electricity, financial incentives, and home electric usage.

The average cost of rooftop solar power—including installation and projected life span of the panels—is now equivalent to the national average for utility-supplied electricity, or about 12¢ per kWh. Local factors such as the amount of sunshine a home receives and the local cost of electricity supplied by a utility make a big difference in calculating costs and benefits. With rapid advancements in solar technology and manufacturing efficiency, this analysis can rapidly go out of date, however.

Read more

Advertisement
leaderboard2 - default

Related Stories

Codes + Standards

Public Comment Period Opens for National Green Building Standard Updates

The 45-day public comment period for draft 2 of the 2024 NGBS begins on April 12, 2024

Codes + Standards

Public Comment Period Opens for 2024 National Green Building Standard Update

The 45-day public comment period opened Aug. 18, and comments must be submitted by Oct. 2, 2023

Codes + Standards

The Inefficiencies of the Latest Energy Code

The 2021 edition of the International Energy Conservation Code (IECC) hampers the return on investment for builders and homebuyers

Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category

Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness

NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs

Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year

Advertisement
native2 - default
Advertisement
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.