Cost of an 8kW Solar System
For large households and small businesses that need a lot of electricity, a solar power system of eight kW power is the best choice. This system contains 21 to 28, depending on the size of the solar panels, and is capable of producing enough power to run large appliances. This system is highly efficient with a long lifetime.
A 8kW system could save you up to $3500 on your annual power bill. But, this number will vary depending on your power usage and the quality or your solar panels. This size solar system can generally save you up to 40 kWh each day. The top-of-the range system will cost around $17,000 and will be paid off in five year.
A 8kW system can save as much as $56,521 per year depending on your energy usage. This savings will vary depending on how good your solar panels are, how they are oriented and the energy use of your home. A typical 8 kW solar system will produce approximately 8500 kWh annually.
Size of an 8.kw solar system
An 8kw solar system can be a great solution for small businesses or large homes with high electricity bills. A system with an 8kW rating contains 21 to 28 panels. This is enough for large homes that use moderate to high amounts of electricity. The system will generate consistent energy regardless of weather conditions.
Its average price is about $27,000, before incentives. After rebates, the average cost of a solar system is between $17,000-$20,000. As the size of a solar system increases, so does the cost. However, the price of solar panels has been rising and the federal rebate starting to shrink. It is important to select the right size solar system. A solar system of 8kw is the best choice if you want to convert your home to zero-emissions.
The location is a major factor in determining the solar PV system's output. The peak hours for solar power generation are at midday and the early afternoon.
Battery storage options with an 8kw solar system
A great way to save on costs and increase the resilience of your home is battery storage. If you have an 8kw solar system, you can purchase two types of batteries: AC-coupled and DC-coupled. An inverter can be added to AC-coupled cells. These batteries contain cobalt. This makes them less recyclable, and they are more likely to catch on fire if used improperly. Generac offers four types of systems: M3,M4, and M5. Each module has a 9-kWh battery. The PWRcellM3 includes three modules. It can deliver continuous power of 3.4 kW.
While battery prices are falling, they remain a large investment. The best option is to save up enough money to pay for the battery upfront, but if you don't have any savings, you can consider a loan. However, be sure that you'll have to pay interest on the loan.