3. Determine Budgeting – Cost of Solar
Cost is priced based on the watts of electricity in the solar system, considering the solar panels and inverting equipment.
small usage 10,500 kWh a Year, 5000 W solar system
cost estimate; 5000 W x $ 3.05* a watt = $15,250.00
Subtract Incentives: $3,000 or higher
Subtract 30% IRS deduction
Total Price: 15,250.00 - $3,000 - 3,675 = $8,575
Note: Solar price per watt in Texas is $3.00 to $3.48
This is a cost analysis estimate only. Your home usage will determine the solar system sizing.