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Solar Power Savings and Cost Estimate For A $400 Monthly Bill

This is a solar power cost estimate* for a $400 monthly electric bill. A 12kW or 12,000 watt solar panel system could offset most of your energy use. Results will vary based on utility rate, location and installation factors.

Save $140,857 over 25 years
Save $4,320 per year
Save $360 per month

Other benefits of solar power
$12,500 Increased home value
PRICELESS clean, healthy living

This is how much money you could save with solar power. The ROI is 19% to 29%. The payback period is 4 to 5 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
12kW Solar Panel System
Install 35 to 46 solar panels

Average Cost for 10kW System
$14,700 Self Installed
$23,100 Pro Installed

Electricity Cost before going solar
$163,857 over 25 years
$4,800 per year; $400 per month

Compare 12 kW Solar Kits


12kW = 12 kilowatts or 12,000 watts. Generates up to 2,200 kilowatt hours (kWh) per month. Solar Panels require space up to 830 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 $21,000 to $33,000. 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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12 kW Solar Kit Trina 375 XL SMA 12 kW Solar Kit, Mission 375, SMA Inverter, Sunny Boy, MSE375 12 kW Solar Kit, Mission 300, SMA Inverter, Sunny Boy, MSE300 12kW PV Kit Trina 375 XL, SolarEdge Inverter-Optimizer
12 kW Solar Kit Trina 375 XL, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $13,900.00
12 kW Solar Kit, Mission 375, SMA Inverter
LATE OCTOBER
Your Price: $15,500.00
12 kW Solar Kit, Mission 300, SMA Inverter
SHIPS 1 TO 2 WEEKS
Your Price: $16,300.00
12 kW Solar Kit Trina 375 XL, SolarEdge HD Optimizer
SHIPS 1 to 2 WEEKS
Your Price: $16,500.00
12kW PV Kit Canadian Solar CS6K-295-black SMA 12kW PV Kit Canadian Solar CS1K-320MS SMA 12 kW Solar Kit Silfab SLA310M SMA 12kW PV Kit Trina Solar TSM-375 XL Enphase
12kW PV Kit Canadian 295 All-Black, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $16,700.00
12 kW PV Kit Canadian 320, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $16,700.00
12 kW PV Kit Silfab 310 Black, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $17,500.00
12 kW PV Kit Trina Solar 375 XL Enphase Micro
SHIPS 1 to 2 WEEKS
Your Price: $17,500.00
12 kW Solar Kit, Mission 375, Solar Edge, MSE375 12 kW Solar Kit, Mission 375,  Enphase IQ7+ Micro Inverter, MSE375 12 kW Solar Kit, Mission 300, Solar Edge, MSE300 12.5 kW Solar Kit Solar Kit Panasonic 330, SMA Sunny Boy
12 kW Solar Kit, Mission 375, Solar Edge Inverter
LATE OCTOBER
Your Price: $18,100.00
12 kW Solar Kit, Mission 375, Enphase IQ7+ Micro
LATE OCTOBER
Your Price: $19,100.00
12 kW Solar Kit, Mission 300, Solar Edge Inverter
SHIPS 1 TO 2 WEEKS
Your Price: $20,000.00
12.5kW Solar Kit Panasonic 330, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $20,300.00
12 kW Solar Kit, Mission 300,  Enphase IQ7+ Micro Inverter, MSE300 12kW PV Kit Canadian Solar CS1K-320MS SolarEdge 12kW PV Kit Canadian Solar CS6K-295-black SolarEdge 12kW PV Kit Canadian Solar CS6K-295-black Enphase
12 kW Solar Kit, Mission 300, Enphase IQ7+ Micro
SHIPS 1 TO 2 WEEKS
Your Price: $20,400.00
12.1 kW PV Kit Canadian 320, SolarEdge Optimizer
SHIPS 1 to 2 WEEKS
Your Price: $20,500.00
12kW PV Kit Canadian 295 All-Black, SolarEdge Optimizer
SHIPS 1 to 2 WEEKS
Your Price: $20,600.00
12 kW PV Kit Canadian 295 All-Black, Enphase Micro
SHIPS 1 to 2 WEEKS
Your Price: $20,900.00
   
 

*NOTE: These are current solar price cost estimates as of MARCH 2019. Amounts may vary based on your location and installation factors. The 25 year utility cost is based on a national average of $0.24 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 $400 electric bill?


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