How Much Is The Average Solar Panel System

Solar installers consider the following factors to calculate the number of panels needed.

How much is the average solar panel system. With installation an average residential 5kw size system costs between 3 and 5 per watt according to the cse which results in the 15 000 to 25 000 range. How many solar panels do i need for 1 000 kwh per month. For the sake of example if you are getting 5 hours of direct sunlight per day in a sunny state like california you can calculate your solar panel output this way. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.

5 hours x 290 watts an example wattage of a premium solar panel 1 450 watts hours or roughly 1 5 kilowatt hours kwh. You will need a roof space of about 680 sq ft for a 10kw system. We also assumed that the average household consumes about 10 400 kwh per year and the panels we re using are 250 watt solar panels. A residential system has an average installed price of 3 per watt.

To get these numbers we used high and low panel production ratios to calculate how many solar panels are needed on average. How much energy does a solar panel produce. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. Thus the output for each solar panel in your array would.

That cost is before any tax credits. Energy information administration in 2018 the average monthly electricity consumption for a home in the united states was 914 kwh per month or about 30 5 kwh per day and 11 000 kwh per year. You need to divide the number of watts at which the panel is rated by the total surface area of the panel. For instance if the surface area is 1 500 square meters and the rating of the panel is 250 watts you would divide 250 by 1 500 and then multiply by 100 to find the percentage for this example the solar panel in question would have an efficiency rating of 16 67 250 1500 x 100 16 67.

No two solar power systems are the same. The average cost of installed residential solar power systems is currently 2 60 per watt. A 10kw solar system which consists of 40 panels can produce an average of 14 000 kwh per year. Explore solar panel installation services.

But every home is unique and could use more or less power than the average home. Solar panel cost the average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house. Installation for the average 5kw system ranges from 11 100 22 400. He she will also help you in knowing how much solar panels cost to install.

To size a solar system correctly the best recommendation is getting in touch with a qualified solar contractor. According to the u s.