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How much does a 20kW Solar System cost?

According to data from Solar Choice’s installer network database, a fully installed 20kW system will cost roughly $15,000 – $22,000 as of August 2024. These figures include the up-front ‘discount’/incentive available under the federal government’s Renewable Energy Target for systems under 100kW in output capacity, as well as GST.

What is a 20 kW solar system?

These 20 kW size grid-connected solar kits include solar panels, DC-to-AC inverter, rack mounting system, hardware, cabling, permit plans and instructions. These are complete PV solar power systems that can work for a home or business, with just about everything you need to get the system up and running quickly.

How much electricity does a 20 kW solar system produce?

A 20 kW solar panel system produces about 29,033 kWh of electricity annually, but the exact amount depends on where you live and how much sun you get. DIYing a 20 kW solar panel system usually isn't your best bet: You're much better off hiring a professional solar company for optimal results. How much does a 20 kW solar system cost?

Are 20kW solar power systems a good investment?

20kW solar power systems are becoming an increasingly worthwhile and attractive investment for small to medium businesses (or households with very large energy consumption) across Australia, with payback periods in the 3-5 year range in most parts of the country.