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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
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5kW PV Kit SolarWorld SW345 XL SMA Sunny Boy Inverter 10kW Solar Kit Phono 260 SMA Inverter Rooftop 11kW Solar Kit Phono 260 SMA Inverter Rooftop 10kW Solar Kit Q.Cells 275 Fronius Inverter, Roof mount
10.4kW Solar Kit Phono 260W SMA Inverter Rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $12,300.00
11.4kW Solar Kit Phono 260W SMA Inverter Rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $13,250.00
10kW Solar Kit Q.Cells 275, Fronius inverter, Roof mount
Usually Ships in 1 to 2 Weeks
Your Price: $13,500.00
11kW Solar Kit Q.Cells 275 Fronius Inverter, Roof mount 10kW PV Kit hono 260 SolarEdge Inverter-Optimizer 10kW Solar Kit Trina 255 Black Fronius Inverter Rooftop 10kW Solar Kit, Canadian 280 BLACK panels, SMA Sunny Boy, Rooftop
11kW Solar Kit Q.Cells 275, Fronius inverter, Roof mount
Usually Ships in 1 to 2 Weeks
Your Price: $13,600.00
10.4kW PV Kit Phono 260, SolarEdge Optimizer, rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $13,750.00
10.2kW Solar Kit Trina 255W Black, Fronius Inverter, Rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $14,000.00
10kW Solar Kit, Canadian 280M, SMA Inverter, Rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $14,300.00
10kW Solar Kit Q.Cells 275 APS Micro Inverter, Roof mount 10kW PV Kit SolarWorld 325 XL SolarEdge Inverter 10.2kW Solar Kit ecoSolargy 255W, ABB inverter 10kW PV Kit Q.Cells 325 XL, SolarEdge Inverter-Optimizer
10.4kW Solar Kit Q.Cells 275, APS Micro, Roof mount
Usually Ships in 1 to 2 Weeks
Your Price: $14,500.00
10.4kW PV Kit SolarWorld 325 XL, SolarEdge Inverter + Optimizer
Ships in 1 to 2 Weeks
Your Price: $14,600.00
10.2kW Solar Kit ecoSolargy 255W, ABB inverter, rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $15,000.00
10kW PV Kit Q.Cells 325 XL, SolarEdge Inverter-Optimizer
Usually Ships in 1 to 2 Weeks
Your Price: $15,000.00
11kW Solar Kit Trina 255 Black Fronius Inverter Rooftop 11kW PV Kit hono 260 SolarEdge Inverter-Optimizer 10kW Solar Kit Jinko JKM320P panels, APS Micro inverter, Rooftop 10 kW Solar Kit, Japan Solar 260 panels
11.2kW Solar Kit Trina 255 Black, Fronius Inverter, Rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $15,000.00
11.4kW PV Kit Phono 260, SolarEdge Optimizer, rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $15,000.00
10.2kW Solar Kit, Jinko 320P XL, APS Micro, Rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $15,250.00
10.4kW PV System, Japan 260 panels, Fronius inverter, roof mount
Usually Ships in 1 to 2 Weeks
Your Price: $15,300.00
   
 

*NOTE: These are current solar price cost estimates as of April 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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