Does the value presented by solar inverter

As mentioned above, due to the fact each and every project is unique, it is rather tricky to make generalizations. Nonetheless, presuming a pre-incentive cost of $7.00/W, an average 5-kW system would probably have a gross cost of $35,000 ($7.00/W * 5,000 W = $35,000). Any kind of solar rebates are going to lower this gross cost even more, as would the 30 percent federal solar tax credit.

Does the value presented by solar inverter outweigh the price tag?

Like the previous answer, this one fluctuates from project to project, and place to place. In states that happen to be "ideal" for solar, such as New Jersey, Pennsylvania, California, Arizona, Massachusetts Colorado and Hawaii, as well as others, a solar panel system pays for itself after as little as three to five years and supply dependable, long-term energy savings. When it comes to a residential solar energy project, you ought to look at the following factors, all of which plays a part in solar panels' return on your investment:

(1)The actual price you have to pay for electrical power. All things the same, individuals that pay a relatively high per-kilowatt hour (kWh) price for their electricity can have the biggest monetary payback on their solar home energy system.

(2)The solar grid inverter incentives available in your area. If you are living in a state where you will be able to sell solar renewable energy credits (SRECs), a home solar energy system will not just reduce your electricity bill, it is going to yield revenue above and beyond utility savings.