Total Cost Formula:
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Definition: This calculator estimates the total cost of a solar energy system by adding the solar panel costs and battery storage costs.
Purpose: It helps homeowners, businesses, and energy professionals determine the combined cost of solar panels and battery storage systems.
The calculator uses the formula:
Where:
Explanation: The calculator simply adds the two cost components to give the total system cost.
Details: Accurate cost estimation helps in budgeting, financing decisions, and comparing different system configurations.
Tips: Enter the solar system cost and battery storage cost in your local currency. Both values must be ≥ 0.
Q1: What's included in solar cost?
A: This typically includes panels, inverters, mounting hardware, wiring, and installation labor.
Q2: What affects battery costs?
A: Battery costs vary by capacity (kWh), technology (lithium-ion, lead-acid), and installation requirements.
Q3: Should I include incentives/rebates?
A: This calculator shows gross costs. Subtract any applicable incentives separately for net costs.
Q4: How do I estimate solar costs?
A: Solar costs are typically calculated per watt ($/W) multiplied by system size in watts.
Q5: Does this include maintenance costs?
A: No, this only calculates initial installation costs. Maintenance should be budgeted separately.