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Solar Power Savings and Cost Estimate For A $200 Monthly Bill

This is a solar power estimate* for a $200 monthly electric bill. An 8kW or 8,000 watt solar panel system could offset most of your energy use. Results will vary based on utility rate, location and installation factors.

Save $63,655 over 25 years
Save $2,160 per year
Save $180 per month

Other benefits of solar power
$9,000 Increased home value
PRICELESS clean, healthy living

This is how much money you could save with solar power. The ROI is 14% to 20%. The payback period is 5 to 7 years. The solar panels may work for 35 to 40 years.



Real estate studies show that a Solar Home can increase market value.
The environmental benefits are clear with clean, renewable energy.
ASSUMPTIONS
8kW Solar Panel System
Install 24 to 30 solar panels

Average Cost for 8kW System
$10,400 Self Installed
$16,000 Pro Installed

Electricity Cost before going solar
$81,979 over 25 years
$2,400 per year; $200 per month

Compare 8 kW Solar Kits


8kW = 8 kilowatts or 8,000 watts. Generates up to 1,400 kilowatt hours (kWh) per month. Solar Panels require space up to 540 square feet.

Total Cost Includes permit, panels, inverter, rooftop mount, installation and warranty, minus a 30% Federal renewable energy tax credit. Average sticker price before tax credits is $14,800 - $22,800. Learn more about solar installation

This is how much you will pay the utility if you don't use solar panels. Remember, utility rates go up 4% on average every year.



VIEW ANOTHER ESTIMATE - Choose an Electric Bill Amount
$100 | $200 | $300 | $400 | $500 | $600 | $700 | $800 | $900 | $1,000

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8kW Solar Kit Phono 260 SMA Inverter Rooftop 8kW PV Kit Canadian Solar CS6U-340M XL SMA Sunny Boy Inverter 8kW PV Kit hono 260 SolarEdge Inverter-Optimizer 8kW Solar Kit Trina 255 Black Fronius Inverter Rooftop
8.3kW Solar Kit Phono 260W SMA Inverter Rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $9,600.00
8.3kW PV Kit Phono 260, SolarEdge Optimizer, rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $11,000.00
8.1kW Solar Kit Trina 255W Black, Fronius Inverter, Rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $11,100.00
8kW Solar Kit Q.Cells 275 Fronius Inverter, Roof mount 9kW Solar Kit Phono 260 SMA Inverter Rooftop 8kW PV Kit SolarWorld SW345 XL SMA Sunny Boy Inverter 8 kW Solar Kit, Japan Solar 260 panels
8.2kW Solar Kit Q.Cells 275, Fronius inverter, Roof mount
Usually Ships in 1 to 2 Weeks
Your Price: $11,200.00
9.3kW Solar Kit Phono 260W SMA Inverter Rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $11,400.00
8.3kW PV System, Japan 260 panels, Fronius inverter, roof mount
Usually Ships in 1 to 2 Weeks
Your Price: $12,000.00
8kW PV Kit Q.Cells 325 XL, SolarEdge Inverter-Optimizer 8kW Solar Kit ecoSolargy 255W, Fronius inverter 8kW PV Kit SolarWorld 285M Fronius Inverter 9kW Solar Kit Q.Cells 275 Fronius Inverter, Roof mount
8.1kW PV Kit Q.Cells 325 XL, SolarEdge Inverter-Optimizer
Usually Ships in 1 to 2 Weeks
Your Price: $12,000.00
8.1kW Solar Kit ecoSolargy 255W, Fronius inverter, rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $12,100.00
8kW PV Kit SolarWorld 285 Mono, Fronius Inverter, Rooftop
Ships in 1 to 2 Weeks
Your Price: $12,200.00
9kW Solar Kit Q.Cells 275, Fronius inverter, Roof mount
Usually Ships in 1 to 2 Weeks
Your Price: $12,300.00
9kW Solar Kit Trina 255 Black Fronius Inverter Rooftop 8kW Solar Kit Trina TSM-255P Black SolarEdge inverters-optimizers 8kW Solar Kit TrinaSmart 250W, Delta Inverter, Tigo Optimizer, Rooftop mount 6kW Solar Kit LG300 SolarEdge inverters-optimizers
9.1kW Solar Kit Trina 255W Black, Fronius Inverter, Rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $12,300.00
8.1kW Solar Kit Trina 255 Black, SolarEdge Optimizer, Rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $12,400.00
8kW Solar Kit TrinaSmart 250W + Optimizer, Delta Inverter, Rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $12,500.00
6kW PV System, LG300 panels, SolarEdge Inverter-Optimizer, rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $12,550.00
   
 

*NOTE: These are current solar price cost estimates as of January 2017. Amounts may vary based on your location and installation factors. The 25 year utility cost is based on a national average of $0.18 per kWh and a conservative 2.5% annual electricity price inflation rate. The estimated kWh produced per month is based on NREL PVWatts calculator; assumes 5 sun hours per day, array mounted at 180 degrees South at 20 degree tilt. How much solar power do you need for a $200 electric bill?
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