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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

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20.1kW Solar Kit, Peimar 330P XL panels, SMA Sunny Boy, Rooftop 20 kW Solar Kit Axitec 330P panels, SMA Sunny Boy, Rooftop 20 kW Solar Kit Axitec 295M panels, SMA Sunny Boy, Rooftop 20kW PV Kit Canadian Solar CS6K-295-black SMA
20.1 kW Solar Kit, Peimar 330P XL, SMA Inverter
SOLD OUT; UPGRADE TO 340w
Your Price: $21,400.00
20kW Solar Kit, Axitec 330P, SMA Inverter
SHIPS 1 TO 2 WEEKS
Your Price: $24,400.00
20 kW Solar Kit, Axitec 295M, SMA Inverter
SHIPS 1 TO 2 WEEKS
Your Price: $25,300.00
20kW PV Kit Canadian 295 All-Black, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $26,600.00
20kW Solar Kit, Peimar 330P XL panels, SolarEdge inverter, Rooftop 20kW PV Kit Canadian Solar CS1K-320MS SMA 20.1 kW Solar Kit Peimar 310M, SolarEdge HD 20kW Solar Kit ECO280T Apollo Black SolarEdge inverters-optimizers
20.1 kW Solar Kit, Peimar 330P XL, SolarEdge Optimizer
SOLD OUT; UPGRADE TO 340w
Your Price: $26,900.00
20 kW PV Kit Canadian 320, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $27,100.00
20.1 kW Solar Kit Peimar 310M, SolarEdge HD Optimizer
SHIPS 1 TO 2 WEEKS
Your Price: $28,375.00
20kW PV System, ECO280T Black panels, SolarEdge Optimizer
SHIPS 1 to 2 WEEKS
Your Price: $29,900.00
20.1 kW Solar Kit Axitec 330P panels, SolarEdge HD, Rooftop 20 kW Solar Kit Axitec 330 silver, Enphase 20kW PV Kit Canadian Solar CS1K-320MS Enphase 20 kW Solar Kit Axitec 295 Silver, Enphase
20kW Solar Kit, Axitec 330P, SolarEdge Inverter
SHIPS 1 TO 2 WEEKS
Your Price: $29,900.00
20kW Solar Kit, Axitec 330P, Enphase Inverter
SHIPS 1 to 2 WEEKS
Your Price: $29,900.00
20 kW PV Kit Canadian 320, Enphase Micro
SHIPS 1 to 2 WEEKS
Your Price: $30,600.00
20 kW Kit Axitec 295 Silver, Enphase
SHIPS 1 to 2 WEEKS
Your Price: $30,670.00
20kW PV Solar Kit Axitec 295 silver, SolarEdge 20kW PV Kit Canadian Solar CS6K-295-black SolarEdge 20kW PV Kit Canadian Solar CS1K-320MS SolarEdge 20kW PV Kit Canadian Solar CS6K-295-black Enphase
20 kW PV Kit Axitec 295 Silver, SolarEdge Inverter
SHIPS 1 to 2 WEEKS
Your Price: $30,800.00
20 kW PV Kit Canadian 295 All-Black, SolarEdge Optimizer
SHIPS 1 to 2 WEEKS
Your Price: $32,100.00
20.1 kW PV Kit Canadian 320, SolarEdge Optimizer
SHIPS 1 to 2 WEEKS
Your Price: $32,400.00
20 kW PV Kit Canadian 295 All-Black, Enphase Micro
SHIPS 1 to 2 WEEKS
Your Price: $33,200.00
   
 


*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 $0.25 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?


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