Cost of an 8kW solar array
A solar power system that has eight kW of power can be ideal for large families or small businesses that have high electricity needs. The system can power large appliances with 21 to 28 solar cells. This system is highly efficient and has a long lifespan.
An 8kW system can save up to $3,500 in a single year on power bills. The amount you use of power and the quality your solar panels will affect your power consumption. Generally, a solar system with this size can save up to 40 kWh per day. A system of this quality will cost you around $17,000. It will pay for itself within five years.
Depending on your power usage, an 8kW system can save you as much as $56,521 over the lifetime of the system. This amount of savings varies depending on the quality of your solar panels, how well they are oriented, and your home's overall energy use. A typical eight-kW solar system can produce 8500 kWh of electricity per year.
The size of an 8kw Solar System
An 8kw Solar system is the ideal solution for large homes or small businesses that have high electricity bills. A typical 8kW system includes 21 to 28 sun panels. This will provide enough power for a large home that uses moderate to high electricity. The system will generate consistent energy regardless of weather conditions.
Its average price is $27,000 before incentives. A typical solar system will cost between $17,000 - $20,000, after the federal rebate. The price of a solar panel system will rise with the increasing size. However, the cost of solar panels is rising and the federal rebate is starting to shrink. As a result, it's important to choose the right sized solar system. If you are thinking about converting your home to a zero-emission lifestyle, a solar system of 8kw will provide you with a net-zero electricity bill.
Many factors affect the output of a solar PV array system, including its location. The best times to enjoy the sun are midday and early evening, as these are the peak hours of solar power generation for most areas.
An 8kw solar system can provide battery storage options
The best way to save money while increasing your home's resilience is by using battery storage. Two types of batteries can be purchased if you have an eight-kw solar system: DC-coupled and AC-coupled. The inverter is part of AC-coupled lithium batteries. These batteries contain cobalt, which makes them less recyclable and more likely to catch fire if misused. Generac offers four systems: M3,M4,and M5. The PWRcell-M3 is equipped with three modules each, each with a capacity 9-kWh. It has a continuous power rating of 3.4 kW.
While battery prices are falling, they remain a large investment. It's best to save enough money to pay upfront for the battery. However, if you don’t have any savings, a loan may be an option. Be aware that interest will be charged on your loan.