How Much Will a 9kW Solar System Save?
Investing in a 9kW solar system can lead to significant cost savings over time. On average, this system can save up to $2,792 per year. Over the course of a 25-year panel lifetime, the total savings could amount to a whopping $69,806.
Rising Cost of Electricity
Electricity costs have been steadily increasing over the past few decades. In fact, there has been a 270% increase in electricity prices over the past 40 years. This rise in costs can be attributed to various factors such as inflation and increased demand for energy.
Source: U.S. Bureau of Labor Statistics
See also: Solar Panel Systems: The Ultimate Guide to Going Green in 2023
Electricity Saving
One of the main advantages of installing a solar panel system is the ability to save on electricity bills. By generating your own electricity, you rely less on utility companies, thereby reducing your overall energy expenses.
Solar Energy for a Profit
Furthermore, the surplus energy generated by your 9kW solar system can be sold back to the grid, offering a potential source of income. With current electricity costs, you can expect to receive a 20% return on your investment per year on the panels alone.
9kW Solar Panel System Price
The average cost of a 9kW solar system is around $18,000. However, it is important to note that prices have significantly decreased over the past decade, making solar panel systems more affordable and accessible to homeowners.
Source: The National Renewable Energy Laboratory (NREL)
9kW System with Battery Backup
For those looking for additional energy security, a 9kW solar system with a battery backup can be considered. When comparing battery options, lithium polymer batteries are highly recommended due to their efficiency and reduced requirement for quantity. To calculate the battery size needed, a lead acid battery would require 108 kWh, while a lithium battery would only need 57 kWh.
It is also worth considering purchasing the batteries and panels together to potentially reduce costs.
9kW Off-Grid Solar System
If you are interested in an off-grid solar system, a 9kW setup would typically require a minimum of 30 panels. Additionally, you would need approximately 57 kWh worth of lithium polymer batteries to support a full cycle of energy usage. The typical cost for these batteries would amount to around $26,649.
How Many Panels Are Needed?
To achieve a 9kW solar system, you would need a minimum of 30 panels. Most panels available in the market have a capacity of 300 watts each, so a combination of 30 or more panels would be required to reach the desired output.
If you need different power requirements, check out 8.1 kW solar systems
How Big is a 9 kW Solar System?
Considering that each panel has a size of approximately 17 sqft, a 9kW solar system consisting of 30 panels would have a total footprint of 510 sqft.
How Many kWh Does a 9kW Solar System Produce? (Load Per Day)
On average, a 9kW solar system can produce around 45 kWh of electricity per day. This output is based on the panels receiving at least 5 hours of sunlight. In a month, this adds up to approximately 1,350 kWh, and over the course of a year, it amounts to 16,425 kWh.
There are also 9.2 kW solar systems if you need a different sized system.
How Many Batteries Needed For a 9kW Solar Panel System?
The number of batteries required for a 9kW solar panel system depends on the battery type chosen – lead acid or lithium. Opting for the recommended lithium polymer batteries would necessitate approximately 57 kWh worth of batteries. It is worth noting that you have the option to purchase a single battery system or wire several smaller batteries together.
Is a 9kW Solar System Worth It?
Considering the potential cost savings and return on investment, a 9kW solar system is undoubtedly worth the initial investment. If you live in an area with ample sunlight, you can generate approximately $2,792 worth of electricity every year. With a 20% return on investment based on the current costs of panels, the $18,000 price tag for this system becomes an attractive proposition.
Investing in a 9kW solar system not only helps reduce your reliance on grid electricity but also contributes to a greener and more sustainable future.
Note: It is important to consult with a professional solar panel installer to assess your specific energy needs and develop a customized solar panel system that suits your requirements.
