Solar Costs
Use this table to learn how much solar costs and how much money you could save with clean solar energy. For example, if you currently pay $200 a month for electricity, you will spend $81,979 over 25 years with your traditional electric utility. You could install a 5 kW solar panel system for a cost of $15,768 to cut your electric bill by 90%. Your annual savings would be $2,160 and your home value could increase by $19,020*.
Choose your average monthly electric bill to find your solar cost, estimated system size and the 5 Steps to Solar Savings.
| $100 | $200 | $400 | $600 | $800 | $1,000 |
You can also use this solar calculator to estimate the size and the cost of the solar panel array needed for your home energy usage. You'll need your total kilo-watt hours (kWh) used for the past 12 months. Check your electric bills or contact your local utility for your kWh used.
Before investing, however, you should get a free home solar evaluation to determine your site's solar resources. Even if it reveals lower or moderate resources, solar power could still be viable financially, especially with attractive financial incentives, tax credits or utility rebates for solar panels.
