Home
You are here: Home > SOLAR KITS > Kits for Electricity Bill > $600 Electric Bill

Solar Power Savings and Cost Estimate For A $600 Monthly Bill

This is a solar power cost estimate* for a $600 monthly electric bill. A 20kW or 20,000 watt solar panel system could offset most of your energy use. Results will vary based on utility rate, location and installation factors.

Save $214,856 over 25 years
Save $6,480 per year
Save $540 per month

Other benefits of solar power
$20,000 Increased home value
PRICELESS clean, healthy living

This is how much money you could save with solar power. The ROI is 17% to 27%. 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
20kW Solar Panel System
Install 58 to 77 solar panels

Average Cost for 20kW System
$24,000 Self Installed
$38,000 Pro Installed

Electricity Cost before going solar
$246,000 over 25 years
$7,200 per year; $600 per month

Compare 20 kW Solar Kits


20kW = 20 kilowatts or 20,000 watts. Generates up to 2,500 kilowatt hours (kWh) per month. Solar Panels require space up to 1,400 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 $34,400 to $54,400. 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

WANT A CUSTOM DESIGNED SOLAR PANEL SYSTEM AT THE LOWEST COST? Start Design Here
Sort By:
Page of 1
20kW PV Kit SolarWorld SW300 Fronius Inverter 20kW Solar Kit ECO280T Apollo Black SolarEdge inverters-optimizers 20kW PV Kit SolarWorld SW300 Enphase MicroInverter 20kW PV Kit SolarWorld SW300 StorEdge
20.1kW PV Kit SolarWorld 300 Mono, Fronius inverter
SHIPS 1 to 2 WEEKS
Your Price: $29,500.00
20kW PV System, ECO280T Black panels, SolarEdge Optimizer
SHIPS 1 to 2 WEEKS
Your Price: $29,900.00
20kW PV Kit SolarWorld 300 Mono, Enphase Micro
SHIPS 1 to 2 WEEKS
Your Price: $34,800.00
20.4kW PV Kit SolarWorld 300, StorEdge Battery Inverter
SHIPS 1 to 2 WEEKS
Your Price: $35,800.00
   
 


*NOTE: These are current solar price cost estimates as of JUNE 2018. Amounts may vary based on your location and installation factors. The 25 year utility cost is based on a national average of $0.25 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 $600 electric bill?


LOWEST PRICE SOLAR PANELS
Get a FREE solar panel evaluation with the latest prices and rebates   Start Here