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The estimated payback period for a 2kW solar power system is between 4 and 5 years. A 2kW solar system would require a battery system with a capacity of 5.6 kWh. Such a battery would cost between $4,480 and $11,200, or between $800 and $2,000 per kWh. The exact cost will depend on the type and quality of the battery system.
Investing in a 2kW solar system can lead to significant savings on electricity bills. On average, this system can save up to $621 per year. Over the 25-year lifetime of the solar panels, the total savings can amount to $15,513. It is important to consider the rising cost of electricity when evaluating the potential savings of a 2kW solar system.
It takes 8 solar panels to make 2kW, depending on the panel size. The most common advice is to use 250-watt panels, meaning that 8 panels would make up a 2kW solar system. If you use higher-efficiency panels, like 400 W panels, you will need only 5 panels to make up to 2,000 W (2kW).
Now that you know what to expect, you can ensure that you get the best deal on a 2 kW solar energy system by registering your property on the EnergySage Solar Marketplace. Use the comprehensive, easy-to-understand comparison tables to evaluate your equipment options, financing offers, and solar company reviews.
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