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Solar Panel Cost Calc1

This document provides information about the costs of installing solar panels. It includes a solar panel cost calculator that allows users to estimate installation costs for two different sized solar panel systems. The calculator takes into account factors like the size of the system, monthly energy generation, cost per watt, available rebates and tax credits, and financing options to calculate the net installation cost and payback period for switching to solar power.

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591 views1 page

Solar Panel Cost Calc1

This document provides information about the costs of installing solar panels. It includes a solar panel cost calculator that allows users to estimate installation costs for two different sized solar panel systems. The calculator takes into account factors like the size of the system, monthly energy generation, cost per watt, available rebates and tax credits, and financing options to calculate the net installation cost and payback period for switching to solar power.

Uploaded by

api-278450852
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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2/10/2015

Solar Calculator: How much do solar panels cost? -by Mr. Electricity

Saving Electricity home

As seen in New sw eek, Forbes, NPR, the Christian Science Monitor, CNET, PC
Magazine, InfoWorld, and everyw here else.

Michael Bluejay's home page | Contact

Saving Electricity
Mr. Electricity is
your guide to
saving energy in
your home.

Solar Panels cost calculator


Case A

Saving Electricity 101:


Start Here
How much it costs / how they charge
What's a Watt / Kilowatt?

Size of the System


Energy generated per month,

How much of your needs to supply

How to measure electrical use

General

Environment

Electricity Myths
Using elec w hen off?
Why is my bill so
high?
Capacity of an Outlet
Electric Meters
General Questions

Carbon footprint
calculator
Carbon Offsets
Solar Pow er
Bicycle Pow er
Alternative Energy
Climate change

Specific
Appliances
Cooling
Heating
Lighting
Refrigerators
Washing Machines
Clothes Dryers
Water Heaters
Computers
Televisions
Cooking
Elevators

News
New s items

Special
Topics
CFLs (Compact
Fluorescents)
Gas vs. Electric
Standby pow er
Surge Protectors
(TVSS)
Pow er Factor
Commercial
Buildings
Using devices
overseas

Energy generated per 1 kWp of


system ?

for U.S. consumers


Incentives for installing insulation
and for buying energy-efficient
appliances like refrigerators,
washing machines, and air
conditioners are often available
from local and state governments
and utilities. You can see what's
available at DSIRE, Energy.gov,
and Energy Star.

Welcom e students from :

http://michaelbluejay.com/electricity/solar.html

100

135 kWh/mo. (sunny)

System size needed

186.7 kWp

15000 kw h
100

120 kWh/mo. (average)


125 kWp

Cost of the System


Rate for full installation ?

$4

State / City rebate ?

none

Federal tax credit ?


Installation cost ?

/ w att
/w att

$5

/ w att

none

no

/w att

no

$746,800

$625,000

Less state / city rebate ?

($0)

($0)

Less tax credit ?

($0)

($0)

$746,800

$625,000

Net installation cost


Cost of Solar Panels in perspective
Current cost per kWh

11 (AZ,GA,IA,IL,IN,MS,NC,TN,VA)

Cost of the solar system

$746,800

$625,000

$698,544

$415,800

22.5 years

31.6 years

$5,350

$4,478

0.12 / kWh

0.17 / kWh

Cost of grid electricity over 21


years ?

Rebates & Tax Credits

25200 kw h

average ?

How much energy do things use?

Saving Electricity 102:

Case B

Payback tim e for the solar


system ?
Monthly cost for solar system
?!
(20-year loan @

6.0%

interest)

Price per kWh over 21 years ?

New Mortgage Calculator


Smart Calculator Determine How Much Home You Can Afford. Get
Started.

1/9

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