Solar Savings Calculator for Morgantown, WV
Homeowners in Morgantown pay an average of $140/month for electricity through Mon Power (FirstEnergy). With 3.9 peak sun hours per day, solar panels can significantly reduce your energy costs.
$140
Avg Monthly Bill
14.2¢/kWh
Electricity Rate
3.9h/day
Peak Sun Hours
$41,750
Est. 25-Year Savings
Calculate Your Savings in Morgantown
Adjust Your Details for Morgantown, WV
$
$50$1,000
50010,000
5¢50¢
Your Estimated Solar Savings
System Size
8.4 kW
Panel Count
21 panels
Total System Cost
$23,940
Federal Tax Credit (30%)
-$7,182
Net Cost
$16,758
Annual Savings
$1,680
Payback Period
10 years
25-Year Savings
$41,750
Return on Investment
249%
* Estimates based on 3.9 peak sun hours/day in Morgantown, WV, system cost of $2.85/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Local Solar Details for Morgantown
Utility & Permits
- Utility Company
- Mon Power (FirstEnergy)
- Permit Cost
- $275
- Permit Timeline
- 2-3 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 8.4 kW
- Panel Count
- 21 panels
- Gross Cost
- $23,940
- Net Cost (after credits)
- $16,758
Available Incentives for Morgantown, WV
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
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