Cost of an 8kW solar array
An eight-kW solar power system is ideal for large homes or small businesses that use a lot of electricity. The system can power large appliances with 21 to 28 solar cells. This system is very efficient and can last a 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. Generally, a solar system with this size can save up to 40 kWh per day. Purchasing a top-of-the-range system will cost approximately $17,000 and will pay for itself in five years.
An 8kW system will save you approximately $56,521 based on your power consumption over its lifetime. The quality of your panels, the orientation of them, and your home's energy consumption will all impact how much you save. An eight-kW system can generate 8500 kWh per year.
Size of an 8kw solar system
An 8kw solar system can be a great solution for small businesses or large homes with high electricity bills. A 8kW system has 21 to 28 solar cells, sufficient to power a large house with heavy to moderate electricity consumption. The system will produce consistent energy, even in the face of adverse weather.
The average cost is approximately $27,000 before incentives. After the federal rebate, a solar system will cost between $17,000 and $20,000 on average. As the size of a solar system increases, so does the cost. But, solar panels are becoming more expensive and the federal rebate has begun to decrease. 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. Midday and early afternoon are the best hours to get solar power in most places.
Storage options for batteries with an 8kw system
Battery storage is a great way to save money and increase resiliency in your home. There are two types of batteries available for 8kw solar systems: AC-coupled (or DC-coupled). An inverter is included with AC-coupled batteries. These batteries are cobalt-based, making them less recyclable and more susceptible to fire if they're misused. Generac offers four options: M3, M4, M5, and M5. The PWRcell-M3 is equipped with three modules each, each with a capacity 9-kWh. It can deliver continuous power of 3.4 kW.
The price of batteries is dropping, but they are still an expensive investment. If you have no savings, it is best to save money for the purchase of the battery. But, if that doesn't happen, you might consider getting a loan. However, be sure that you'll have to pay interest on the loan.