Solar Estimate Formula:
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Definition: This calculator estimates the total cost of a solar power system based on its size and average cost per kilowatt.
Purpose: It helps homeowners, businesses, and solar professionals quickly estimate solar installation costs for budgeting and planning purposes.
The calculator uses the formula:
Where:
Explanation: The system size in kilowatts is multiplied by the average cost per kilowatt to get the total estimated cost.
Details: Accurate cost estimation helps in financial planning, ROI calculations, and comparing different solar options.
Tips: Enter the system size in kW and average cost per kW (default $2.75). Both values must be > 0.
Q1: What affects the average cost per kW?
A: Factors include panel type, installation complexity, location, incentives, and system components.
Q2: What's a typical system size for homes?
A: Residential systems typically range from 3kW to 10kW, depending on energy needs and roof space.
Q3: Does this include tax credits or incentives?
A: No, this is a gross estimate before any incentives or rebates.
Q4: How accurate is this estimate?
A: It provides a ballpark figure. For precise quotes, consult with solar installers.
Q5: What currency is used?
A: The calculator works with any currency. Use consistent units for size and cost.