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House Solar Panels

Alice Said:

How much does it cost to power up an average house with solar panels?

We Answered:

I can give you the stats on my home and my panels. I live in a 2000 sf home in a warm climate. I was averaging 45 kwh per day. I purchased a 3.74 kwh d/c system, which had 20 panels. The total cost was $26K, I received a $10K rebate (so I paid $16K) from my utility and a $2K fed tax credit ( it is now around $8K). This system produces about 90% of my summer usage and about 75% of my winter usage. With my current electric rate of around .12 kwh I should break even in my 6th year.

I hope that helps.

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