How are people calculating cost/watt?
For example, I have an estimate for a 6.5kW system with an installed priced of $21,500 before tax credits. ($2,000 panel upgrade included)
Would I use 6,500 watts...
$21,500/6,500 = $3.31/watt...?
Or would I use "Annual Solar Production" of 9,237kWh (supplied by installer...guaranteed for 1st year)
$21,500/9,237 = $2.32/watt...?
Thank you for your help!
For example, I have an estimate for a 6.5kW system with an installed priced of $21,500 before tax credits. ($2,000 panel upgrade included)
Would I use 6,500 watts...
$21,500/6,500 = $3.31/watt...?
Or would I use "Annual Solar Production" of 9,237kWh (supplied by installer...guaranteed for 1st year)
$21,500/9,237 = $2.32/watt...?
Thank you for your help!
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