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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

WANT A CUSTOM DESIGNED SOLAR PANEL SYSTEM AT THE LOWEST COST? Start Design Here
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12.2kW Solar Kit, Peimar 330P XL panels, SMA Sunny Boy, Rooftop 12.2 kW Solar Kit Axitec 330P panels, SMA Sunny Boy, Rooftop 12kW Solar Kit, Peimar 360M XL panels, SMA Sunny Boy, Rooftop 11.9kW Solar Kit Q.CELLS Q.PEAK-G5-315 SMA
12.2 kW Solar Kit, Peimar 330P XL, SMA Inverter
SHIPS 2 to 4 WEEKS
Your Price: $14,000.00
12kW Solar Kit, Axitec 330P, SMA Inverter
SHIPS 1 TO 2 WEEKS
Your Price: $15,100.00
12.6 kW Solar Kit, Peimar 360M XL, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $15,300.00
11.9kW PV Kit Q.CELLS 315, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $15,400.00
12 kW Solar Kit Trina 345 XL SMA 12 kW PV Kit Canadian Solar CS3U-370MS SMA Inverter 12 kW Solar Kit Axitec 295M panels, SMA Sunny Boy, Rooftop 12 kW Solar Kit, Peimar 310M panels, SMA Sunny Boy, Rooftop
12 kW Solar Kit Trina 345 XL, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $15,500.00
12.2 kW PV Kit Canadian 370, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $15,600.00
12.3 kW Solar Kit, Axitec 295M, SMA Inverter
SHIPS 1 TO 2 WEEKS
Your Price: $15,900.00
12.4 kW Solar Kit, Peimar 310M, SMA Inverter
SHIPS 1 TO 2 WEEKS
Your Price: $16,100.00
12 kW Solar Kit iTek Energy 360 SMA 12`kW PV Kit SolarWorld SW300 SMA Sunny Boy Inverter 12 kW Solar Kit Silfab SLA370M SMA 12kW PV Kit Canadian Solar CS6K-295-black SMA
12.2 kW PV Kit iTek 360 XL, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $16,300.00
12kW PV Kit SolarWorld 300 Mono, SMA inverter
SHIPS 1 to 2 WEEKS
Your Price: $16,500.00
12 kW PV Kit Silfab 370 XL, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $16,700.00
12kW PV Kit Canadian 295 All-Black, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $16,700.00
12kW PV Kit Canadian Solar CS1K-320MS SMA 12.2kW Solar Kit, Peimar 330P XL panels, Enphase IQ7+ Micro 12kW PV Kit SolarWorld SW300 Fronius Inverter 12 kW Solar Kit Silfab SLA310M SMA
12 kW PV Kit Canadian 320, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $16,700.00
12.2 kW Solar Kit, Peimar 330P XL, Enphase Inverter
SHIPS 2 to 4 WEEKS
Your Price: $17,100.00
12kW PV Kit SolarWorld 300 Mono, Fronius inverter
SHIPS 1 to 2 WEEKS
Your Price: $17,500.00
12 kW PV Kit Silfab 310 Black, SMA Inverter
SHIPS 1 to 2 WEEKS
Your Price: $17,500.00
   
 

*NOTE: These are current solar price cost estimates as of JULY 2018. 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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