What is a 12 kilowatt solar system?

First things first, kilowatts (kW) is a measure of an installation’s size. Basically, kW is a measure of how much electricity the solar installation can produce in a single instant. The average residential solar installation in the US is 5.6 kW, so a 12 kW solar system is over 2x bigger than the national average!

How much does a 12 kW solar system cost?

At this rate then, a 12 kW system costs around $35,160. That seems like a lot – and it certainly is – but let’s put that number into perspective.

Should I install a 12 kilowatt (kW) solar energy system?

If you have high electricity bills, installing a 12-kilowatt (kW) solar energy system in your home can significantly reduce your monthly costs. You want to get the right price for your solar panel installation to maximize your long-term solar savings.

How many kW does a 12 kW solar system produce?

In fact, the National Renewable Energy Lab, in their PV Watts solar output calculator, recommends accounting for all these losses by adding a 14% decrease in production, so our 12 kW installation would really produce around 10.3 kW up on the roof). How many solar panels is that?

How much does a solar system cost?

While installation costs vary by region and installer, in 2016 the National Renewable Energy Lab found residential solar installations in the US cost an average of $2.93 per watt before applying any financial incentives. At this rate then, a 12 kW system costs around $35,160.

How much does a 12 kW installation cost?

Your 12 kW installation costs $24,612 after applying the 30% federal tax credit. Your state, utility, or city probably offers additional incentives that can further drop the cost, but we won’t add those here. To calculate how much you’d pay the utility over the next 25 years, we need to know their current rates.