Cost of Solar Power: $9000/KW - Learn How It's Calculated

Click For Summary
SUMMARY

The cost of solar power is calculated at approximately $9,000 per kilowatt (KW), based on a typical two-KW solar energy system priced at $45,000. This system is designed to meet about half of an average American household's energy needs. The discussion highlights the significant cost difference between solar energy and hydrocarbon fuels, particularly when rebates, tax benefits, and carbon emission costs are not considered. The calculation method for the $9,000 per KW figure remains unclear to the participants in the forum.

PREREQUISITES
  • Understanding of solar energy systems and their components
  • Basic knowledge of energy consumption metrics for households
  • Familiarity with financial calculations related to energy investments
  • Awareness of government incentives for renewable energy
NEXT STEPS
  • Research the financial breakdown of solar energy system costs
  • Learn about the impact of tax benefits on solar energy investments
  • Explore the environmental costs associated with hydrocarbon fuels
  • Investigate different solar energy system sizes and their energy output
USEFUL FOR

Homeowners considering solar energy, energy policy analysts, financial advisors in renewable energy, and environmental advocates seeking to understand the economics of solar power.

Lebombo
Messages
144
Reaction score
0
This is the description I'm reading:

In comparison to solar energy, the hydrocarbon fuel costs are significantly lower without rebates, tax benefits nor the cost of carbon emissions. A two–Kilowatt (KW) solar energy system costs about $45,000 and covers roughly half of a typical American household’s energy needs. At $45,000, a solar energy system equates to $9,000 a kilowatt....but I have no idea how they come up with 9,000 per kilowatt. Where does the $9,000 number come from? How is it calculuated?
 
Physics news on Phys.org
nevermind, that whole article I was reading is flawed.
 

Similar threads

Replies
7
Views
3K
  • · Replies 30 ·
2
Replies
30
Views
4K
  • · Replies 8 ·
Replies
8
Views
2K
  • · Replies 1 ·
Replies
1
Views
3K
  • · Replies 21 ·
Replies
21
Views
6K
Replies
35
Views
8K
  • · Replies 18 ·
Replies
18
Views
5K
  • · Replies 29 ·
Replies
29
Views
5K
Replies
2
Views
2K
  • · Replies 3 ·
Replies
3
Views
9K