Solar Photovoltaic System Cost Benchmarks
The U.S. Department of Energy''s solar office and its national laboratory partners analyze cost data for U.S. solar photovoltaic systems to develop cost benchmarks to measure progress
On average, the cost of a 100kW commercial solar system in the U.S. ranges from $150,000 to $250,000. This price includes the cost of the solar panels, inverters, racking, installation, and other necessary components. Below is an approximate range of costs for a 100kW system in different U.S. states.
A 100kW system generates far more electricity than most homes need, and is not suitable for residential use. If a 100kW system is beyond your needs, you can also consider a 5kW to 15kW system, which can meet the energy usage of a typical home. You can take a look at our 5kw and 10kw solar systems.
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).
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)
The U.S. Department of Energy''s solar office and its national laboratory partners analyze cost data for U.S. solar photovoltaic systems to develop cost benchmarks to measure progress
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