Solar PV Roof Mount (photo voltaic) grid tied system, takes the sun's rays to create electricity. For every 100 square feet you can make 1,000 watts or 1kW. In Pennsylvania the average solar exposure is 4 hrs a day all year round.
Pricing for roof mount solar PV systems
1.24kW : $3,968
3.1kW : $9,920
5kW : $16,000
8kW : $25,600
10kW : $32,000
50kW : $145,000*
Price to compare is $3.20 for roof mount solar PV systems.
*50kW is priced at $2.90 a watt
Break it down:
If you have a 5kW solar PV system, the formula goes like this, 5000 x .72 efficiency =3,600. Take 3,600 x 4 hrs =14,400 watts or 14.4kW hrs will be generated a day. Take 14,400 x 30 = 432kW hrs a month would be generated. So if your electric utility bill is $120 a month, and it cost $.13 a kW. Take 120 / .13 = 923kW . The 5kW solar pv system would cut your utility bill in half. You'r utility bill would go from $120 to $60 a month. Estimated return on investment return would be 10 years.