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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
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12kW Solar Kit Phono 260 SMA Inverter Rooftop 12kW Solar Kit Q.Cells 275 Fronius Inverter, Roof mount 12kW PV Kit hono 260 SolarEdge Inverter-Optimizer 12kW Solar Kit Trina 255 Black Fronius Inverter Rooftop
12.5kW Solar Kit Phono 260W SMA Inverter Rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $14,400.00
12kW Solar Kit Q.Cells 275, Fronius inverter, Roof mount
Usually Ships in 1 to 2 Weeks
Your Price: $15,500.00
12.5kW PV Kit Phono 260, SolarEdge Optimizer, rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $16,000.00
12.2kW Solar Kit Trina 255 Black, Fronius, Rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $16,500.00
12kW Solar Kit, Canadian 280 BLACK panels, SMA Sunny Boy, Rooftop 12kW PV Kit SolarWorld 325 XL SolarEdge Inverter 12kW Solar Kit Q.Cells 275 APS Micro Inverter, Roof mount 12kW PV Kit Q.Cells 325 XL, SolarEdge Inverter-Optimizer
12.3kW Solar Kit, Canadian 280M, SMA Inverter, Rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $16,800.00
12.3kW PV Kit SolarWorld 325 XL, SolarEdge Optimizer, Rooftop
Ships in 1 to 2 Weeks
Your Price: $17,000.00
12kW Solar Kit Q.Cells 275, APS Micro, Roof mount
Ships in 1 to 2 Weeks
Your Price: $17,000.00
12kW PV Kit Q.Cells 325 XL, SolarEdge Inverter-Optimizer
Ships in 1 to 2 Weeks
Your Price: $17,400.00
12kW Solar Kit ecoSolargy 255W, Fronius inverter 12 kW Solar Kit, Japan Solar 260 panels 12kW PV Kit SolarWorld SW345 XL SMA Sunny Boy Inverter 12kW Solar Kit Trina TSM-255P Black SolarEdge inverters-optimizers
12.2kW Solar Kit ecoSolargy 255W, Fronius inverter, rooftop
Usually Ships in 1 to 2 Weeks
Your Price: $18,000.00
12.5kW PV System, Japan 260 panels, Fronius inverter, roof mount
Usually Ships in 1 to 2 Weeks
Your Price: $18,000.00
12.2kW Solar Kit Trina 255 Black, SolarEdge Optimizer, Rooftop
Ships in 1 to 2 Weeks
Your Price: $18,200.00
12kW Solar Kit Silfab SLA300M SMA 12kW PV Kit Silfab 360 XL, SolarEdge Inverter-Optimizer 12kW Solar Kit TrinaSmart 250W, Delta Inverter, Tigo Optimizer, Rooftop mount 12kW PV Kit SolarWorld 345 XL SolarEdge Inverter
12kW PV Kit Silfab 300 Black, SMA Inverter, Rooftop
Ships in 1 to 2 Weeks
Your Price: $18,300.00
12.6kW Solar Kit Silfab 360 XL, SolarEdge Optimizer, Rooftop
Ships in 1 to 2 Weeks
Your Price: $18,900.00
12.4kW PV Kit SolarWorld 345 XL, SolarEdge Optimizer, Rooftop
Ships in 1 to 2 Weeks
Your Price: $19,300.00
   
 

*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 $0.24 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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