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How Much Solar Power Do I Need For A $500 Electric Bill?
Solar Power Estimate
This is a solar power estimate* based on a $500 monthly electric bill. A 12.5kW or 12,500 watt solar panel system could offset most of your energy use. Results will vary based on actual energy use, location and 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 |
$154.000 over 25 years
$5,400 per year
$450 per month
$31,320
PRICELESS |
ASSUMPTIONS
Your current electricity cost
Solar panels have a 25 year warranty, so we use 25 year costs for comparison |
$204,947 over 25 years
$6,000 per year
$500 per month
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Your Solar Panel System
Reduce your $500 monthly electric bill. 1 kW = 1 kilowatt or 1,000 watts DC; kWh = kilowatt hours AC |
12 kW DC Solar Kit
1,700 - 2,400 kWh AC per month
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Your Solar Cost
Estimate 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: $43,500) |
$30,451 |
Your New Utility Cost
What you could pay for electricity after installing solar panels |
$20,495 over 25 years
$600 per year
$50 per month |
Find Local Solar Installers - CLICK HERE
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.
*Note: These are current solar price estimates as of December 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 $500 electric bill? |
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SOLAR PANELS
