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Solar Power Savings and Cost Estimate For A $200 Monthly Bill

This is a solar power estimate* for a $200 monthly electric bill. An 8kW or 8,000 watt solar panel system could offset most of your energy use. Results will vary based on utility rate, location and installation factors.

Save $63,655 over 25 years
Save $2,160 per year
Save $180 per month

Other benefits of solar power
$9,000 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 5 to 7 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
8kW Solar Panel System
Install 24 to 30 solar panels

Average Cost for 8kW System
$10,400 Self Installed
$16,000 Pro Installed

Electricity Cost before going solar
$81,979 over 25 years
$2,400 per year; $200 per month

Compare 8 kW Solar Kits


8kW = 8 kilowatts or 8,000 watts. Generates up to 1,400 kilowatt hours (kWh) per month. Solar Panels require space up to 540 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 $14,800 - $22,800. 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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8 kW Solar Kit, Mission 375, SMA Inverter, Sunny Boy, MSE375 8kW PV Kit Canadian Solar CS1K-320MS SMA 8kW PV Kit Canadian Solar CS6K-295-black SMA 8 kW Solar Kit Silfab SLA310M SMA
8 kW Solar Kit, Mission 375, SMA Inverter
SHIPS 1 - 2 WEEKS
Your Price: $10,600.00
8 kW PV Kit Canadian 320, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $10,800.00
8.2kW PV Kit Canadian 295 All-Black, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $11,000.00
8 kW PV Kit Silfab 310 Black, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $11,500.00
9 kW Solar Kit, Mission 375, SMA Inverter, Sunny Boy, MSE375 9kW PV Kit Canadian Solar CS6K-295-black SMA 9kW PV Kit Canadian Solar CS1K-320MS SMA 8 kW Solar Kit, Mission 375, Solar Edge, MSE375
9 kW Solar Kit, Mission 375, SMA Inverter
SHIPS 1 - 2 WEEKS
Your Price: $11,500.00
9kW PV Kit Canadian 295 All-Black, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $11,900.00
9.2 kW PV Kit Canadian 320, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $12,200.00
8 kW Solar Kit, Mission 375, Solar Edge Inverter
SHIPS 1 - 2 WEEKS
Your Price: $12,800.00
8kW PV Kit Canadian Solar CS1K-320MS SolarEdge 9.3 kW Solar Kit Silfab SLA310M SMA 8.2 kW Solar Kit Solar Kit Panasonic 330, SMA Sunny Boy 8kW PV Kit Canadian Solar CS6K-295-black SolarEdge
8 kW PV Kit Canadian 320, SolarEdge Optimizer
SHIPS 1 to 2 WEEKS
Your Price: $12,900.00
9.3 kW PV Kit Silfab 310 Black, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $13,000.00
8.2kW Solar Kit Panasonic 330, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $13,200.00
8.2 kW PV Kit Canadian 295 All-Black, SolarEdge Optimizer
SHIPS 1 to 2 WEEKS
Your Price: $13,300.00
8kW PV Kit Canadian Solar CS1K-320MS Enphase 8 kW Solar Kit, Mission 375,  Enphase IQ7+ Micro Inverter, MSE375 8kW Solar Kit LG365 SMA Sunny Boy inverters 8kW Solar Kit Silfab SLA310M SolarEdge
8 kW PV Kit Canadian 320, Enphase Micro
SHIPS 1 to 2 WEEKS
Your Price: $13,500.00
8 kW Solar Kit, Mission 375, Enphase IQ7+ Micro
SHIPS 1 - 2 WEEKS
Your Price: $13,600.00
8 kW PV System, LG365 panels, SMA Inverter
SOLD OUT
Your Price: $14,000.00
8.3kW PV Kit Silfab 310 Black, SolarEdge Optimizer
SHIPS 1 to 2 WEEKS
Your Price: $14,100.00

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*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 $0.18 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 $200 electric bill?


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