How much does an 18kW Solar System cost?

The typical cost for an 18kW solar system is around $36,000. However, it’s important to note that prices have come down substantially over the past 10 years, making solar systems more affordable and accessible for homeowners and businesses. Source: The National Renewable Energy Laboratory (NREL)

How much does a solar system cost per watt?

As of publishing, the average cost per watt is $2.84. Most solar companies set the price according to the solar system's wattage. A solar installation's “cost per watt” is a little like the “price per square foot” when you buy a house. It helps compare the value of solar energy systems in different sizes.

How many kWh does an 18 kW solar system produce?

(Load Per Day) An 18 kW solar system typically produces an output of 90 kWh per day. However, it’s important to note that the actual production depends on several factors, such as the amount of sunlight the panels receive. To achieve optimal output, the panels should receive a minimum of 5 hours of direct sunlight each day.

What are the benefits of an 18kW Solar System?

One of the benefits of an 18kW solar system is the opportunity to generate a profit. If your system generates more electricity than you consume, you can sell the excess back to the grid. This allows you to earn money from your solar panels. Based on current electricity costs, you can expect a 20% return on your investment per year.

What is a 18kW split phase solar system?

With 18kw split phase (120/240V) output, it is more than powerful enough to run everything from air conditioners and well pumps to lights, fridge, tv, workshop, office and even light commercial and industrial applications. It is a much more afforable price and easily expandable, you can always add more batteries and more solar panels in the future.

How much do solar panels cost?

The price of solar panels changes depending on where you live, but the average for installation is just under $29,000 or $2.75 per watt. On the high end, we talked to a solar customer in Hawaii who spent $100,000 going solar. Dion in Nevada said their 10-kW system cost about $20,000, which is about the national average price for a 7-kW system.