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Solar Power Savings and Cost Estimate For A $300 Monthly Bill

This is a solar power cost estimate* for a $300 monthly electric bill. A 10kW or 10,000 watt solar panel system could offset most of your energy use. Results will vary based on utility rate, location and installation factors.

Save $92,581 over 25 years
Save $3,420 per year
Save $270 per month

Other benefits of solar power
$10,000 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 4 to 6 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
10kW Solar Panel System
Install 29 to 40 solar panels

Average Cost for 10kW System
$12,600 Self Installed
$19,600 Pro Installed

Electricity Cost before going solar
$122,968 over 25 years
$3,600 per year; $300 per month

Compare 10 kW Solar Kits


10kW = 10 kilowatts or 10,000 watts. Generates up to 1,800 kilowatt hours (kWh) per month. Solar Panels require space up to 720 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 $18,000 to $28,000. 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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10kW Solar Kit, Peimar 320P XL panels, SMA Sunny Boy, Rooftop 11kW Solar Kit, Peimar 325P XL panels, SMA Sunny Boy, Rooftop 10kW Solar Kit, Peimar 320P XL panels, SolarEdge HD inverter, Rooftop 10kW Solar Kit Peimar 320 XL, Enphase IQ6+ Microinverter
10.2kW Solar Kit, Peimar 320P XL, SMA Inverter
Ships in 4 to 6 Weeks
Your Price: $11,600.00
11kW Solar Kit, Peimar 325P XL, SMA Inverter
Ships in 4 to 6 Weeks
Your Price: $12,800.00
10.2kW Solar Kit, Peimar 320P XL, SolarEdge Optimizer
Ships in 4 to 6 Weeks
Your Price: $13,600.00
10.2kW Solar Kit Peimar 320 XL, Enphase IQ6+ Micro
Ships in 4 to 6 Weeks
Your Price: $14,300.00
11kW Solar Kit, Peimar 325P XL panels, SMA Sunny Boy, Rooftop 11kW Solar Kit, Peimar 300P XL panels, SMA Sunny Boy, Rooftop 11kW Solar Kit, Peimar 320P XL panels, SolarEdge HD inverter, Rooftop 10kW Solar Kit Silfab SLA300M SMA
11.7kW Solar Kit, Peimar 325P XL, SMA Inverter
Ships in 4 to 6 Weeks
Your Price: $14,300.00
11kW Solar Kit, Peimar 300P XL, SMA Inverter
Ships in 4 to 6 Weeks
Your Price: $14,500.00
11.2kW Solar Kit, Peimar 320P XL, SolarEdge Optimizer
Ships in 4 to 6 Weeks
Your Price: $14,700.00
10.2kW PV Kit Silfab 300 Black, SMA Inverter
SOLD OUT
Your Price: $15,000.00
10kW PV Kit SolarWorld SW300 Fronius Inverter 10kW Solar Kit Jinko JKM320P panels, APS Micro inverter, Rooftop 10 kW Solar Kit, Japan Solar 260 panels 10kW Solar Kit ECO280T Apollo Black SolarEdge inverters-optimizers
10.2kW PV Kit SolarWorld 300 Mono, Fronius inverter
Ships in 1 to 2 Weeks
Your Price: $15,200.00
10.2kW Solar Kit, Jinko 320P XL, APS Micro
Usually Ships in 1 to 2 Weeks
Your Price: $15,250.00
10.4kW PV System, Japan 260 panels, Fronius inverter
Usually Ships in 1 to 2 Weeks
Your Price: $15,300.00
10.2 kW Solar Kit Peimar 300M, SolarEdge HD 11kW Solar Kit Peimar 320 XL, Enphase IQ6+ Microinverter 11kW Solar Kit, Canadian 280 BLACK panels, SMA Sunny Boy, Rooftop 11kW Solar Kit Silfab SLA300M SMA
10.2 kW Solar Kit Peimar 300M, SolarEdge Optimizer
Ships in 4 to 6 Weeks
Your Price: $15,400.00
11.2kW Solar Kit Peimar 320 XL, Enphase IQ6+ Micro
Ships in 4 to 6 Weeks
Your Price: $15,500.00
11.1kW PV Kit Silfab 300 Black, SMA Inverter
SOLD OUT
Your Price: $16,000.00
   
 

*NOTE: These are current solar price cost estimates as of November 2017. Amounts may vary based on your location and installation factors. The 25 year utility cost is based on a national average of $0.23 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 $300 electric bill?


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