25 Apr '12, 5pm

97% of Americans overestimate the cost of home #solar @greentechmedia

97% of Americans overestimate the cost of home #solar @greentechmedia

The cost of solar PV is falling across the country, but just how low is it for the average homeowner? The answer is likely far less than people think, according to a new Harris Interactive poll conducted on behalf of SunRun , a residential solar power service firm. Nearly half of Americans -- 40 percent -- estimated that solar installations cost at least $20,000 in upfront costs. Only 3 percent of Americans said the cost was less than $1,000, which it can be with solar financing agreements that are offered by SunRun, Solar City or Clean Power Finance . However, the lower end is closer to $3,000, according to a study from the National Renewable Energy Laboratory. Nearly all of the people surveyed said that they were concerned about rising costs of utility rates. Nearly 80 percent of the more than 2,200 survey participants said they would already have installed solar if cost...

Full article: http://www.greentechmedia.com/articles/read/97-percent-of...

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