How much does a 3KW Solar System cost?

A 3 kW system will cost about $6,300 to install, including the federal solar tax credit, and will pay for itself in just under 11 years. 3kW systems help offset electricity usage and will not eliminate your entire electricity bill. A 3kW solar system will produce between 260-415 kWhs of electricity depending on sun exposure.

Can a 3KW solar system save you money?

The electric bill savings from a 3kW solar system varies widely from state to state. This is because your power bill savings depend on how much energy is produced and how much electricity costs. For example, if your 3kW solar system generates 415 kWh a month in Florida, it will save you about $46 per month.

Can a 3KW Solar System power a home?

(In other words, don’t expect a 3kW solar system to power an average American home’s lights, electronics and appliances.) Most solar energy companies will tell you that 3 kW of power isn't enough to cover all your electricity use, but adding a 3kW solar system to your roof or backyard can still help you lower your utility bills.

How many solar panels are in a 3KW system?

3kW systems are small and usually have between 8 and 11 solar panels. The actual number of solar panels within a 3kW system depends on the wattage of the solar panels. Higher wattage panels are more efficient than their lower-wattage counterparts. Typical panels have wattages of between 275-400 watts.

How long does a 3KW Solar System take to pay for itself?

Based on our estimated savings of $700 per year, a 3kW solar panel system that costs you $9,000 upfront would take roughly 12.8 years to pay for itself. However, if you were to apply the federal tax credit of 30% and lower your upfront costs to $6,300, the same solar array could pay for itself in about nine years.

Can a 3KW Solar System be made of 300 watts?

In theory, you could design a 3kW system with any wattage of solar panel, but there are practical factors (like space needs and wiring) for you to consider. For instance, even though 100-watt panels may be cheaper than 300-watt panels, a system made of 300-watt panels would only require a third of the installation space.