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How Much Solar Power Do I Need For A $300 Electric Bill?
Solar Power Estimate
This is a solar power estimate* based on a $300 monthly electric bill. A 7.5kW or 7,500 watt solar panel system should offset most, if not all, of your energy use.
Results will vary based on your actual energy use, location and other installation factors. |
Solar Panel Kits
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Your Solar Savings
See how much you could save with home solar panels.
Other benefits of solar power
Increase your home value
Clean, healthy, renewable energy |
$91,581 over 25 years
$3,240 per year
$270 per month
$19,634
PRICELESS |
ASSUMPTIONS
Your current electricity cost
Solar panels have a 25 year warranty, so we use 25 year costs for comparison |
$122,968 over 25 years
$3,600 per year
$300 per month
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Your Solar Panel System
Produce enough power to offset your $300 monthly electric bill. 1 kW = 1 kilowatt or 1,000 watts; kWh = kilowatt hours |
7.5 kW Solar Kit
2,500 kWh AC per month
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Your Solar Cost
Your cost includes system design, permits, solar panels, solar inverter, rooftop racking, all hardware components, installation and warranty, minus a 30% Federal energy tax credit. (Sticker price: $27,270) |
$19,090 |
Your New Utility Cost
What you could pay for electricity after installing solar panels |
$12,297 over 25 years
$360 per year
$30 per month |
Don't want to spend that much? Buy half the size to offset 50% of your electric bill. We have hundreds of solar kits to meet your goals. Scroll down to see more solar kits.
Since your monthly electric bill is a relatively low $300, you should first be as energy efficient as possible before going solar. Make sure your HVAC, air-conditioning and major appliances are efficient Energy Star rated. You might also install a solar attic fan to reduce your heating and cooling costs. We have some great prices on quality solar attic fans.
*Note: These are current solar price estimates as of February 2012, amounts may vary based on your location and installation factors. The 25 year utility cost includes a conservative 2.5% annual electricity price inflation rate. Inflation may vary by utility. According to the Department of Energy, the national average for annual electric utility price inflation is 4%, while some states are as high as 7% or 8% annual inflation. The estimated kWh produced per month includes 230 watt or 250 watt solar panels and 5 sun hours per day. Results may vary based on location and installation factors. How much solar power do you need for a $300 electric bill? |
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SOLAR PANELS
