System Type
- Residential
- Roof-mounted solar panels
- South facing
System Size
- 5.7kW
System Components
- (19) Solar Panels: Hanwha Q-Cell Peak G4.1 300 (60 Cell)
- (19) Optimizers: SolarEdge P320
- (1) Inverter: SolarEdge, 3.8kW, Model #SE3800A-US
Average Electric Bill Before Going Solar
$80/month
Average Electric Bill After Going Solar
$18.67/month*
Estimated Long-Term Solar Savings
$753.67 per year
$22,610 over lifetime
Carbon Equivalencies
4.6 acres of forest saved per year (108.5 over lifetime)
4,282 pounds of coal not burned per year (100,859 over lifetime)
0.8 passenger vehicles taken off the road per year (19.7 over lifetime)
Solar Financing
SUNGAGE Financial
Customer’s Solar Payment:
$70/month for 15 years**
- $0 down with no out-of-pocket costs
- No prepayment penalties or fees
- Solar terms available for 5, 10, 15, or 20 years
The numbers in this case study pertain specifically to this customer. Prices and monthly solar payments are based off of current market prices and numerous other factors. (Get your free solar consultation and solar panel estimate »)
*Customers are still responsible for paying the basic hookup fee to the utility company (in this case, National Grid), which ranges from approximately $15–$17 a month (plus tax).
**It was actually cheaper for this customer to go solar than to keep paying their electric bill! Most of our customers choose a 15-year term, which in most cases brings their solar payment down to the same cost as their average electric bill. Keep in mind whichever term the customer chooses, they can pay off their system early with NO prepayment penalties.