How much electricity does a PV system generate?
In most areas of the United States, a 10% efficient PV system will generate about 180 kilowatt-hours per square meter. A PV system rated at 1 kilowatt will produce about 1800 kilowatt-hours a year. Most PV panels are warranted to last 25 years or more and to degrade (lose efficiency) at a rate of less than 1% per year. Under these conditions, a PV system could generate close to 36,000 kilowatt-hours of electricity over 20 years and close to 54,000 kilowatt-hours over 30 years. This means that a PV system generates more than $10,000 worth of electricity over 30 years.
