System Size (kW) | # Of Solar Panels | System Cost**** | 26% Federal Tax Credit***** | System Cost After Tax Credit | Annual Elec Production (kWh)* | First Year Electric Savings** | SREC Income (Per Year)*** | Estimated 10 Year $ Value Of Solar Generated****** | Estimated 30 Year $ Value Of Solar Generated****** | Footprint |
---|---|---|---|---|---|---|---|---|---|---|
10 kW | 24 | $29,000 | ($7,540) | $21,460 | 13,000 | $1,430 | $325 | $19,200 | $71,700 | 28' L x 18' W |
12 kW | 30 | $32,000 | ($8,320) | $23,680 | 15,600 | $1,716 | $390 | $23,000 | $86,000 | 35' L x 18' W |
14 kW | 36 | $36,000 | ($9,360) | $26,640 | 18,200 | $2,002 | $455 | $26,900 | $100,400 | 42' L x 18' W |
17 kW | 42 | $40,000 | ($10,400) | $29,600 | 22,100 | $2,431 | $553 | $32,600 | $121,900 | 49' L x 18' W |
19 kW | 48 | $46,000 | ($11,960) | $34,040 | 24,700 | $2,717 | $618 | $36,500 | $136,200 | 56' L x 18' W |
22 kW | 54 | $51,000 | ($13,260) | $37,740 | 28,600 | $3,146 | $715 | $42,200 | $157,800 | 63' L x 18' W |
24 kW | 60 | $56,000 | ($14,560) | $41,440 | 31,200 | $3,432 | $780 | $46,000 | $172,100 | 70' L x 18' W |
26 kW | 66 | $61,000 | ($15,860) | $45,140 | 33,800 | $3,718 | $845 | $49,900 | $186,400 | 77' L x 18' W |
29 kW | 72 | $65,000 | ($16,900) | $48,100 | 37,700 | $4,147 | $943 | $55,600 | $207,900 | 84' L x 18' W |
31 kW | 78 | $69,000 | ($17,940) | $51,060 | 40,300 | $4,433 | $1,008 | $59,500 | $222,300 | 91' L x 18' W |
34 kW | 84 | $75,000 | ($19,500) | $55,500 | 44,200 | $4,862 | $1,105 | $65,200 | $243,800 | 98' L x 18' W |
36 kW | 90 | $79,000 | ($20,540) | $58,460 | 46,800 | $5,148 | $1,170 | $69,100 | $258,100 | 105' L x 18' W |
38 kW | 96 | $84,000 | ($21,840) | $62,160 | 49,400 | $5,434 | $1,235 | $72,900 | $272,500 | 112' L x 18' W |
41 kW | 102 | $90,000 | ($23,400) | $66,600 | 53,300 | $5,863 | $1,333 | $78,700 | $294,000 | 119' L x 18' W |
43 kW | 108 | $95,000 | ($24,700) | $70,300 | 55,900 | $6,149 | $1,398 | $82,500 | $308,300 | 126' L x 18' W |
46 kW | 114 | $100,000 | ($26,000) | $74,000 | 59,800 | $6,578 | $1,495 | $88,300 | $329,800 | 133' L x 18' W |
48 kW | 120 | $106,000 | ($27,560) | $78,440 | 62,400 | $6,864 | $1,560 | $92,100 | $344,200 | 140' L x 18' W |
*This is an estimated amount based on assumptions above
*Assumes solar panel size of 400 watts each, arranged 6 panels high in landscape orientation.
*Assuming a south-facing array at 25-degree tilt with minimal shade in Lancaster, PA
**Assuming an electric price of 11 cents per kWh
***Assuming an SREC value of $25 per SREC (PA State Incentive)
****System price assumed at less than 100 feet of trenching and no electrical upgrades.
*****Assuming a 26% federal tax credit on total system cost
******Assuming electric bill and SREC savings over 10 and 30 years, with 3% annual electric rate inflation, 0.5% annual solar production degradation, and $25 per SREC
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