500 kw solar system cost
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How much does it cost to install A 500KW solar system?
To give you an idea a 500kW system with good quality components can start as cheap as $600,000, but costs will increase for better quality solar products and if any additional costs are required to perform the installation.
What is the 500KW solar rebate?
500kW Solar Rebate A 500kW system is eligible to receive Largescale Generation Certificates (LGC鈥檚). This is part of the Federal Renewable Energy Target (RET) and can provide over $600,000 of additional revenue for the duration of the scheme. Electricity Generated By The System
What is the business case for A 500KW solar system?
The case for a 500kW solar system various on circumstances, but typically you are looking at a payback period between 4 and 7 years and an IRR up to 20% or above. Solar Choice鈥檚 engineers can use our model to develop a business case for your project at no cost. This is the starting point for any discussion on a solar project within a business.
What is the average cost of solar energy?
As of 2021, the average cost of solar in the U.S. is $2.81 per watt ($12,645 for a 4.5 kilowatt system). That means that the total cost for a 4.5kW solar system would be $9,357 after the federal solar tax credit (not factoring in any additional state rebates or incentives).