How much electricity does a solar panel produce?
Typically, homeowners in the United States use about 900 kWh a month on average. So, take 900 kWh and divide by the amount of kWh one solar panel produces over the course of a month (30kWh), and you get a 30 panel installation. 30 panels x 250 watts per panel equals a 7,500 watt system (7.5kW).
Again though, these are just rough estimates. It’s best to
connect with an expert we trust near youwho can appropriately size a system and help take advantage of all the local incentives to get it done right and as affordably as possible.
The AVERAGE HOME would need 7.5 kW system.......If you use just the average power consumption in this country.
So let's look at the cost of a average system from the Old Rocks site.
The Ranch 7.8 kW 30-Panel Astronergy Off-Grid Solar System - Wholesale Solar
Cost of the solar grid........$16,971
Cost of battery bank...........$5,000 to $8,000 off grid
Cost of installation.........?????
So your out of pocket 24 to 26 grand before installation.......for the AVERAGE HOUSE NEEDS.......figure at least 5 Grand for the installation.................
So............let's ball park it a $30,000............
Note this is very low ball figure.......installation of 30 of these panels.......with wiring and conduit would cost more....also note the area needed to install ..........each panel is 65 inches by 39 inches.......roughly 5 by 3 feet................
Give it a lifespan of 15 years even though they say it will last forever...........cost of 2 grand a year......more than likely much more.................
900kwh per month times 12 times 15 equals............162,000 kwh's ..................AVERAGE HOME............divided by the cost comes to 5.4cents per hour.................but only in Utopia........lol
Today the average cost of energy from solar PV in U.S. is reported to be
12.2 cents per kWh, which is about the same as the average retail rate. Those who keep close tabs on electricity prices might think that it is about on par with what they are paying for their own electricity at home.Mar 31, 2016
Given that probably costs more like 40 gand for the install............
Rocks is right that the prices are falling, but there is still a very large upfront cost.......and a very large amount of space needed to install it....................
Annual Electricity Price Comparison by State
my state averages 9.37 cents per kwh........................
Done so to see where we really are with the cost of solar power............fyi