Your location
Zip code
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Cumulative savings
Calculating savings...Stats
System Cost
$15000 ($10500 after credit)
Year 1 production
N/AkWh
25-year savings
$N/A
Solar production
System size
5000W
The rated ideal power of your system, calculated by wattage of the panel model times the number of panels. For example ten 400W panels are a 4000W system.
Yearly performance loss
0.70%
Solar panels lose efficiency over time, which will reduce their solar output year over year.
Electricity usage
Average monthly usage
1200kWh
Your average household energy usage per month. You can find your historical usage on most power bills.
Purchase price
System price per Watt
$3.00
The price paid in cash for a solar system, divided by your system size. This will vary based on region, the particulars of your property, and which installer you are using.
Federal tax credit
Residential solar systems are usually eligible for the Residential Clean Energy Credit, applicable if you have federal tax liability in the year of install. The credit can carry over to future years if you do not.
Utility electricity
Utility year 1 cost per kWh
$0.11
The average price per kilowatt-hour charged by your utility the first year. The calculator assumes 1:1 net metering, meaning every kWh of solar energy exported to the grid elimates one kWh that would have been billed.
Annual utility price change
+3.0%
The average annual increase in the price per kilowatt-hour charged by your utility. It's impossible to know the future, but you can adjust this to see the effect of various rates of increase.