The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.
How much does the smartflower solar system cost.
The best way to compare solar panel system prices is to determine the cost per watt of electricity generation.
Before applying for all incentives and tax credits the smartflower solar panel system ranges in price from 25 000 to 30 000 with the average cost to install at 27 000.
The smartflower s unique design allows for natural cooling of its solar panels resulting in as much an additional 10 increase in productivity.
Instead we have answered them with smartflower pop the world s first all in one solar system.
The cost per watt for a smartflower is anywhere from 6 25 to 7 50 with an average price of about 6 75 assuming that it is equivalent to the production of a 4 kw fixed rooftop array.
Solar panel cost data 2020 updated.
The smartflower costs between 25 000 to 30 000 with the average cost being approximately 27 000.
There are two models that you can choose from and this is why the price can vary.
Thanks to the extraordinary construction.
This is around 10 per watt or 10 000 per kilowatt.
In the us the smartflower costs 16 900 or 22 000 with batteries.
6 000 kwh per year thus nearly fulfilling.
How much you can save depends on your utility s electricity cost as well as how strong the sunlight is in your area.
Plus with the 2019 federal solar tax credit program you can deduct 30 of the cost of installing a smartflower from your federal taxes.
That number goes down to 26 in 2020 though so you have to act fast before you lose out on that extra 4.
The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house.
The average cost of installed residential solar power systems is currently 2 53 per watt a typical 6kw system costs 11 248 after claiming the 26 solar tax credit.
The smartflower automatically cleans its panels every morning and every evening which allows it to avoid losses in production that typically occur with stationary solar panels and improves.
If the extra production makes the 2 5kw system equivalent to a normal 4kw roof mounted system this brings the number down to an effective 6 50 per watt.