Cost of installation and ownership of a 9.66-kilowatt (kW) residential photovoltaic system is described, and the performance of this system over the past 3 years is shown. The system is located in Colorado at 40 degrees latitude and consists of arrays on two structures. Two arrays are installed on a detached garage, and these are each composed of 18 Kyocera 130-W modules strung in series facing south at an angle of 40 degrees above horizontal. Each 18-panel array feeds into a Xantrex/Schneider Electric 2.8-kW inverter. The other two arrays are installed on the house and face south at an angle of 30 degrees. One of these arrays has twelve 205-W Kyocera panels in series, and the other is made up of twelve 210-Kyocera panels. Each of these arrays feeds into Xantrex/Schneider Electric 3.3-kW inverters. Although there are various shading issues from trees and utility poles and lines, the overall output resembles that which is expected from PVWatts, a solar estimate program. The array cost, which was offset by rebates from the utility company and federal tax credits, was $1.17 per watt. Considering measured system performance, the estimated payback time of the system is 9 years.