You should get a 10kW solar PV system if your home or small business requires significant amounts of electricity during the daytime. A property that consumes more than 40kWh each day will find this system ideal for their needs.
It’s important to seek advice from a professional Gippsland solar installer before deciding to purchase a 10kW system. Doing so will let you confirm if you’re making the right choice while helping you save money.
In this blog, we’ll provide answers to the most common questions regarding a 10kW solar PV system.
How Much Can I Save With a 10KW Solar Panel System?
You can expect to save around $2,000 to $2,500 per year with a 10kW solar panel system installed on your property. The more solar energy your home consumes during the day, the more you get to save on your electricity bill.
Yet even if you consume a lower amount of solar power, you still can expect savings of as much as $2,000 per year.
How Much Power Does a 10KW Solar System Produce?
On average, a 10kW solar system can produce about 40kWh of solar electricity each day. The exact amount of electricity generated will depend on your geographic location, the tilt and orientation of the panels, the quality of the products used, and shading.
Keep in mind that you’ll get a higher amount of solar electricity daily during the summer months than in winter.
Is a 10KW System Enough for My Needs?
If you spend more than $600 per quarter on electricity bills, a 10kW system will sufficiently provide for your energy needs. This system will generate sufficient energy to significantly impact your electricity bill each year.
How Much Does a 10KW Solar Power System Cost?
A 10kW solar PV system costs around $8,000 to $12,000 to purchase and install. You should expect to spend about $800 to $1,200 per kW for a good quality system.
It’s important to go with premium products rather than cheap alternatives to ensure you get the best solar experience possible.
How Much Roof Space Does a 10KW System Need?
A 10kW solar system will require about 51 to 60 square metres of space, depending on the efficiency of the panels installed. The more efficient the solar panels you choose, the less space you’ll need on your roof.
How Long Does It Take to Pay Back a 10KW System?
You can expect to pay back the cost to purchase and install a 10kW system in 4 to 6 years. The time it takes will depend on the amount of electricity you consume each day.
Achieving a high self-consumption rate will speed up the returns, while a low rate will take longer.
Not sure if a 10kW solar power system is right for you? Check out our blog on an 8kW solar system instead.