What will it cost to go solar?

Green-minded homeowners can turn to the sky for help in coping with rising energy costs for years to come thanks to an extension of the solar tax credit program by Congress.

The legislation extends the benefits for residential systems under the old law for eight years. This will enable consumers to recoup 30 percent of the cost of solar thermal water heating up to $2,000.

Jim Cika, manager of solar products for Velux America, recommends that consumers do their homework on the various solar technologies available, as well as reviewing calculations for how solar-friendly their homes may be.

What’s it cost?

Cika says that the cost of an installed certified system will vary depending upon the volume of heated water required in a home. Two to three rooftop solar collector panels will usually be installed and solar hot water holding tanks are available in 80- and 120-gallon sizes. An average installation costs $8,000 to $11,000.

Is it worth it?