In the solar industry, the cost of products and installation can vary greatly. We started this business because of the high costs we faced when installing solar on our own homes. In 2005, we were quoted $35,000 to $45,000 for a 6KW solar system, but we felt it was too expensive. We didn’t give up there. After four months, we installed our own system for $16,000. After a federal tax credit and utility rebates, our out-of-pocket expense was only $9,000. This system saved us $3,300 annually in energy costs.
Our business began when others heard our story and asked for help with their own solar projects. The best part was the increase in value to our home. We sold that property for nearly $150,000 more than similar homes without solar.