I want to install a 4 kW photovoltaic solar system, how much will I save?
Calculating savings for solar photovoltaic:
An average residential solar system is about 4-5 kW.
I want to install a 4 kW photovoltaic solar system, how much will I save?
Solar system size kW: 4
1 kW System Production kWh/yr: 1,350
| 5,400 / 12 (no. of months in a yr) = | 450 |
| 450 * $0.14 (OUC rate) = | $ 63.00 |
| 450 * $0.05 = | $ 22.50 |
| Total monthly savings | $ 85.50 |