$80
720 kWh
1,217 lbs
Average solar panel installation
$17,031
Average monthly bill without solar
$80Average monthly bill with solar
$12Solar will pay for itself in
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$8
122 lbs
$3
4 lbs
$8
11 lbs
$3
4 lbs
The estimated cost to install solar at your house is $17,031. We calculated this because we think your electricity usage for the year is about 8640 kWh, and a 5.34 kW size solar system on your roof would replace 86% of your usage. We are using an estimated cost of $3.19/W, which we get from Energy Sage.
The current electricity costs for Louisville Gas & Electric Co are 11¢/kWh. So, by replacing 86% of your usage, you’ll save $823 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 18.41 years. If the costs of Louisville Gas & Electric Co electricity rise 3%, then your savings will pay for your solar system in 17.87 years.
Solar installed at your house would generate different amounts of electricity during different months. We estimate that your production would vary from a high of 730 kWh in August, to a low of 470 kWh in December. For the entire year, we estimate that your 5.34 kW sized system would produce 7420 kWh.
From Department of Energy Data, it looks like 2 homes have installed solar panels in your zip code, 40210. In your city, Louisville, 323 homes have installed solar panels. And in the state of Kentucky, 723 homes have installed solar panels.
There are 3 solar installers that operate in Kentucky. WattBuy recommends EnergySage, RGR Marketing, and Modernize.
Using this data-driven approach, we have created a machine learning model that can estimate electricity usage and carbon footprint for every home in the US. We then use this information to recommend the best options for you, so you can feel good that WattBuy is recommending something truly personalized.
Our electricity estimations are trusted by our partners at The Department of Energy's National Renewable Energy Laboratory, as well as many of the biggest consumer brands in the world.