One of the best ways to cut down on your power costs is to install a solar power panel system in your home. Not only will it reduce your power bill, it will also start your family on the road towards a more sustainable way of life. Of course, depending on the solar panel and where you live, you might not get the full benefit of this so called unlimited power.

First of all, these panels aren’t cheap; the average price for one solar panel is around $250. This is barely enough to power two light bulbs. The usual practice nowadays is to go with 10 or 12 panels for starters. This will cost around $5, 000 for the panels alone and will power a small room.

Aside from the costs, there are installation expenses to consider. For the safety of you and your family, a licensed professional will be the best way to get everything in working order. It’s always possible to install the panels on your own, but when it comes to electricity, it’s probably a good idea to play it safe.

Thankfully, there are government subsidies that will help lower these costs. A $500 rebate is given for first- time solar panel users, and some fees will be waived depending on your local regulations. Of course, over the next few months, you will see your bill go down little by little which is really the best power discount you can hope for.