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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 330P XL panels, SMA Sunny Boy, Rooftop 10kW Solar Kit, Peimar 360M XL panels, SMA Sunny Boy, Rooftop 11kW Solar Kit, Peimar 280P panels, SMA Sunny Boy, Rooftop 11.2kW Solar Kit, Peimar 330P XL panels, SMA Sunny Boy, Rooftop
10.2kW Solar Kit, Peimar 330P XL, SMA Inverter
SHIPS 2 to 4 WEEKS
Your Price: $12,100.00
10kW Solar Kit, Peimar 360M XL, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $12,700.00
11kW Solar Kit, Peimar 280P, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $12,900.00
11.2 kW Solar Kit, Peimar 330P XL, SMA Inverter
SHIPS 2 to 4 WEEKS
Your Price: $12,900.00
10.2 kW Solar Kit Axitec 330P panels, SMA Sunny Boy, Rooftop 10 kW Solar Kit Axitec 295M panels, SMA Sunny Boy, Rooftop 10.3 kW Solar Kit Trina 345 XL SMA 10kW PV Kit Canadian Solar CS3U-370MS SMA Inverter
10kW Solar Kit, Axitec 330P, SMA Inverter
SHIPS 1 TO 2 WEEKS
Your Price: $13,000.00
10 kW Solar Kit, Axitec 295M, SMA Inverter
SHIPS 1 TO 2 WEEKS
Your Price: $13,300.00
10.3 kW Solar Kit Trina 345 XL, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $13,500.00
10.3 kW PV Kit Canadian 370, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $13,500.00
10.2 kW Solar Kit, Peimar 310M panels, SMA Sunny Boy, Rooftop 10 kW Solar Kit iTek Energy 360 SMA 10kW PV Kit Canadian Solar CS6K-295-black SMA 10kW PV Kit Mission Solar MSE295SQ5T black SMA
10.2 kW Solar Kit, Peimar 310M, SMA Inverter
SHIPS 1 TO 2 WEEKS
Your Price: $13,600.00
10 kW PV Kit iTek 360 XL, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $13,800.00
10kW PV Kit Canadian 295 All-Black, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $13,900.00
10 kW PV Kit Misson 295 All-Black, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $13,900.00
11.2 kW Solar Kit Axitec 330P panels, SMA Sunny Boy, Rooftop 10kW PV Kit SolarWorld SW300 SMA Sunny Boy Inverter 11kW Solar Kit, Peimar 360M XL panels, SMA Sunny Boy, Rooftop 10 kW Solar Kit Silfab SLA370M SMA
11kW Solar Kit, Axitec 330P, SMA Inverter
SHIPS 1 TO 2 WEEKS
Your Price: $13,900.00
10kW PV Kit SolarWorld 300 Mono, SMA inverter
SHIPS 1 to 2 WEEKS
Your Price: $14,300.00
11.5 kW Solar Kit, Peimar 360M XL, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $14,300.00
10 kW PV Kit Silfab 370 XL, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $14,400.00
   
 

*NOTE: These are current solar price cost estimates as of JULY 2018. 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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