To provide my monthly consumption on electricity, what would be the ideal size of solar panels that I will install.

The answer depends on if you intend to be connected to the grid (power company) or not. If you are off-grid, you need to either size it for worst case of winter sun hours, or plan on a generator to help make up the difference of available sun in the winter.

On grid is much easier, because if your system is too small, or you have a stretch of bad weather, you can just buy any extra you need from the electric company.

We’ve got some calculators for both scenarios at http://www.altestore.com/howto/Calculators/c5/

If we use 5 sun hours for an example, 200kwh / month = 6.666 kwh / day. 6666 / 5 = 1333 W of PV panels. However, you also need to figure in system inefficiencies, and add about 30% to the equation, for 1700W. You can look at a package right around that size that includes the panels, inverter, mounting hardware, safety equipment and everything at http://www.altestore.com/store/Kits-and-Package-Deals/Grid-Tied-Systems/Alt-E-Designed-Grid-Tie-Packages/AltE-Grid-Tied-Package-System-D-16-kw/p7102/.

Off grid adds complexity and expense in adding batteries to store the power. If you are looking at off-grid, there is a package that includes additional equipment needed, including batteries at http://www.altestore.com/store/Kits-and-Package-Deals/Off-Grid-Residential-Systems/Off-Grid-Residential-Package-184-kw/p6628/.

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