How much does a 100kW containerized solar panel cost in the US

How much does a 100kW Solar System cost?

In the U.S., a 100kW solar system costs approximately $100,000 to $150,000. After applying the 30% federal solar investment tax credit (ITC), the net cost drops to $70,000–$105,000. Businesses may also benefit from MACRS (Modified Accelerated Cost Recovery System), which further improves ROI.

How many solar panels do you need for a 100 kW solar system?

To reach the 100kW capacity, you will need a sufficient number of solar panels. Most panels have a capacity of 300 watts, meaning you will need 333 or more panels to achieve a 100kW solar system. If you need different power requirements, check out 90 kW solar systems How Big is a 100 kW Solar System?

How much does a solar system cost?

Based on current electricity costs, you can expect a 20% return on investment per year on your solar panels. The typical cost for a 100kW solar system is approximately $200,000. However, it’s important to note that prices for solar systems have come down substantially over the past 10 years. Source: The National Renewable Energy Laboratory (NREL)

Should you invest in a 100kW Solar System?

Investing in a 100kW solar system can be highly beneficial, especially if you live in an area with decent sun exposure. With the potential to generate $31,025 worth of electricity annually, you can expect a 20% return on your investment based on the current costs of solar panels ($200,000 for the system).