Today, almost everyone is aware of the benefits that renewable alternative energy source can give. However, not everybody knows that price of a solar panel system. Switching to solar energy at home can be expensive and you have to assure that you are investing on the right product with the right amount.

A lot of people are still asking about the normal or average cost of a latest solar power system. Well, actually, a solar panel system cost varies on your energy needs and the type of solar system you are looking for. Normally, if you are talking about a full solar power system that can power your entire home, it can cost around $20,000 USD up to $40,000 USD. With this machine, you can surely avail solar power rebates or tax discounts given from the government. You can also produce (most probably) extra energy and sell it back to the utility to earn some money. One the other hand, if you would like to go for cheaper systems which produce less power, it can cost at around $200 USD to $2000 USD. Comparing these two systems, you can see that there is a big difference in their price that is relative to their output capacity. If you want to apply any system in your home, you need to figure out first your total energy consumption and the amount you are willing to spend.

If your plan is just to have back up electricity to enhance your household and provide lights to your garden, then it won't require you a big amount of cost. You can have such device are just low powered that can run the small fountains and light bulbs.

If you want to make your entire home dependent on solar energy, then you may need a big amount of money. To repeat, the amount depends on your household's energy consumption. You can start using small solar panels for small appliances however, if want to use your washing machine or air-conditioning equipments; you would probably need a more powerful system.

One way to know calculate your energy consumption is to check your monthly electric bill and count the wattage that you have used. In addition to that, you should able to determine that you use the most. After having all the data you need, you can now see what type and wattage output of solar panels that best fit to your energy needs.

Aside from the solar panels, you also need to buy other things link mounting racks, additional batteries, extra wiring and others. These other components can help the system produce a more efficient output that your home needs.