Solar Calculator allows homeowners estimate the price of a new Solar Photovoltaic (PV) residential system installation, including solar panels, PV inverter (to convert DC electric current into AC power), all rack-mounting hardware, wiring, and labor of trained solar installers / electricians.
The Solar Calculator will estimate your cost per watt / kW, how much solar capacity in Kilo Watts you will need to offset you monthly electricity usage, and your solar system payback period – how long it will take you to recover your initial investment.
Calculate Solar prices now!
Solar Calculator v. 1.0 – Simple solar prices calculator estimates cost to install a new Residential Solar PV system, based on your geographic location, local electricity prices, and the size of your new Solar System in KiloWatts.
As Dec. 23 2010, we’ve updated the cost of installing a residential solar PV system to better reflect national average in terms of solar prices.
How Solar Calculator Works:
Solar Calculator takes into consideration your geographic location, when estimating your sun-hour-days (how many hours of sun light you get per day, averaged throughout the year). It will also include the 30% Federal Tax Credit for renewable energy technologies and you will be able to add your State, Local and Utility Company’s rebates for installation of Solar PV systems.
On top of general solar calculations, you will also be able to price out a solar system, as if you financed it – weather you take out a home equity loan or a special mortgage – and show you, that when financed at low interest rates, Solar Systems can cover your monthly payment in electricity that you save.
Additionally, this is more of a rumor at this time (Feb. of 2010), by Massachusetts and certain other states should be introducing new Green Energy programs soon. In Mass. for example they should require utility companies to “produce” up to 20% of green electricity, and utility companies will also be obligated to purchase electricity from non-commercial power producers (e.g. homeowners with Solar Systems) at rates above market electricity prices. Therefore, Solar PV systems may be a very good investment, as soon, they may start making you money.