What are the economics of an average residential solar system?

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The economics of residential solar vary significantly depending on solar policies and incentives available and different market conditions. Module costs (hard costs) are typically only about half of the total installed costs. These have been dropping significantly since 2000 due to a global supply glut and technological improvements. Soft costs (system design and installation) vary depending on the size, location, and design of a system.

Every rooftop is different, and Moxie Solar can provide the best information on what it will cost to go solar for your home or business. Once our customers begin exploring their options, they often find that the total up-front cost of solar is less relevant than the financing terms, return-on-investment, and cash flow calculations.

Moxie Solar has teamed up with financing partners that offer incredibly low interest rates. For many home owners, financing a solar array for their home means immediate cash savings on monthly bills.

Depending on who it is, your utility company may “net-meter” your production. This means that any extra power your array produces is banked for the future. You then receive a credit toward future energy bills or receive a check. Just imagine the electric company paying you, instead of the other way around!

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