You can save money on your home's energy costs, whether you live in a small home or have a larger house. It can power electronics and appliances as well as lights. The system is also designed to help you save money on your utility bill. In the first year you could save up to $1,000. Depending on how often you use solar energy at your home, your savings could reach up to $25,000 per year.
A 2kw solar system is designed to work with the utility grid, so you can use solar net metering to send your surplus energy back to the grid. This will lower your energy bills and let you make money from the power that you don't use. Hybrid solar systems will help you avoid peak utility charges. You will be able store excess power into batteries. This will come in handy during cloudy weather.
A 2kw solar panel system costs between $2,500-$5,500 depending on how good it is and what type of installation is used. You may pay more if your home is complex. The Federal Solar Tax Credit allows you to get a 26% discount on the price of a solar system by 2022. This includes shipping and labor. You can install the system on your roof or on a pole. You can also purchase an off-grid solar system, which will work without being connected to the utility grid.
When you're choosing a 2kw solar system, make sure you buy a system that has a high wattage production. The system can produce more electricity if it has a higher wattage. The average wattage production of a 2kw system is 10 units per day. The average annual production is approximately 240 units. This is enough to meet the needs of most small homes, but it can be higher if you have more energy needs.
A 2kw solar system's average payback time is 6-8 years. This is depending on how much solar energy you use and how much you export. Clean Energy Regulator offers a formula that will help you determine how much money your solar power system can earn. For information on how much you can make in your first year with solar power, visit the Clean Energy Regulator’s website.
There are two types available for 2kw solar systems on the market. One type is the grid-tie system, which is the cheapest and easiest to install. The other type is the off-grid system, which requires energy storage and is the most expensive. This is the option you should consider if you have a house that's not connected to the utility grid.
Depending on which 2kw solar system is chosen, the system can provide up to half of your energy requirements. In the first year, you can save as much as $1000 on your electricity bills. You can also sell excess energy to your local utility.