Solar Photovoltaic System Cost Benchmarks
Each benchmark system is representative of what is currently being installed in the United States and is defined in sufficient detail to assess the impact of system size, module efficiency,
On average, the cost of a 100kW commercial solar system in the U.S. ranges from $150,000 to $250,000. This price includes the cost of the solar panels, inverters, racking, installation, and other necessary components. Below is an approximate range of costs for a 100kW system in different U.S. states.
Investing in a 100kW solar system can be highly beneficial, especially if you live in an area with decent sun exposure. With the potential to generate $31,025 worth of electricity annually, you can expect a 20% return on your investment based on the current costs of solar panels ($200,000 for the system).
Here's how you can estimate potential savings: Energy Production: As discussed earlier, a 100kW solar system can produce between 350 and 500 kWh per day, depending on location and system efficiency. Annually, this translates to approximately 127,750 to 182,500 kWh. Electricity Rates: Determine your current electricity rate per kWh.
On average, a 100kW solar system can generate 350 to 500 kWh per day, or 120,000 to 160,000 kWh per year. This range is based on the typical performance of a well-maintained system in a location with moderate sunlight. Here's a rough estimate of daily energy generation for a 100kW system in various states based on average peak sun hours:
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