.. I'd like to satisfy on average 120 Ah/day (in Florida) as an initial starting point. From what I've read so far that may require three 120 Watt panels or two 180 Watt panels...
From our experience I think 360 watts total won't get you to the 120 Ah/day you'd like, but maybe pretty close. We were on the water about 3 months this past year in Florida with 180 watts of panels. About 1 month a year ago Nov./Dec (2010) and then last spring, Mar./Apr.. We run a frig., about 3.5 amps 10 hours a day and probably 4 hours on the computer, 2 amps.. That averages out to about 43 Ah/day. Let's say 50. In that time we probably ran the gen-set I made ....
http://purplesagetradingpost.com/sumner/macgregor/outside-13.html
...3-4 hours or maybe a little more. There were some days the panels had the two 12 volt batteries on float by late afternoon. So the 180 watts robably supplied over 90% of our needs.
We broke a 80 watt panel on the trip and Solar Blvd overnighted one to us at Marco Island (good service from them). It was a different physical size than the one it replaced and I didn't like the panels hanging out where they could hit pilings and such so when we got home I removed the 80 and replaced it with a 100 and rearranged the panels...
...so they don't overhang as much and now we have 200 watts for the Mac.
We ordered 6 more of the 80 watt panels for the Endeavour. We have 7 total with the one I took off the Mac, but will only mount 6. The 7th will be a spare in case we break a panel. Since they seem to change the physical size at times I wanted a spare that would fit the custom mount.
We will have a little greater electrical demands on the Endeavour with a bigger frig/freezer and a few other things, but I'm hoping the 480 watts of panels again supplies over 90% of our needs.
What is the cost? 6 panels at $159.00 (they are $129 now) is $954, say $1000 with freight. A Blue Sky 3024iL 30 amp MPPT controller was $349. About $600 worth of aluminum from onlinemetals to build a mount with above the bimini for the 5 panels (SS would be better, but even more, but would go that route if we were full time cruisers). A couple hundred dollars for wire to keep wiring loses under 3%. So a total of about $2100 and I'm doing all of the work so no labor charges. Not cheap, but for us well worth the expense.
What is the payback time. For us less than a month. Here is my unique payback time formula for boat expenses. Take last year when we were in Florida for 90 days on the water. If we would of gone down there on a 90 day vacation on land it would of cost us just for the time we were there at least $125 a day for gas, food and a motel room and that is being optimistic. So 90 X $125 is $11,250.00. Our 90 day cost was a couple hundred dollars for food and a mooring ball for a couple days a Marathon. Since we anchor out, don't go to marinas and go to very few restaruants our expenses on the water or less than at home. So with the formula above it won't take long to pay for the panels

.
Some parting thoughts. Keep the panels inboard of the sides and if you can the stern of the boat in Florida and any other place there are pilings. We have dinghy davits on the back of the Endeavour and I was going to put 2 panels above them, but finally figured out how I could mount all 6 panels above the bimini. When we bought the boat the dinghy davits had come into contact with the pilings where the boat was slipped at Ft. Myers Beach, so be careful if you put the panels there.
Also we have been very happy with Solar Blvd. I've seen a little cheaper pricing other places, but they are a 'real' business that you can get on the phone. They took care of us when we broke the panel in Florida and didn't try and gouge us on that deal and in fact the panel was on sale and they told me that and gave me that price. We have gotten all of our panels from them and they are their 'in-house' panels and so far have been fine.
We have gone with the Blue Sky Solar MPPT controllers from them and like them, but have no comparison to other brands. Adequate wiring and a MPPT controller will maximize results from any panels you have and we are limited on how many panels we can put on our boats. Our Mac is maxed out and we could probably still put a couple more panels on the Endeavour over the dinghy, but that is about it.
I like more panels that are smaller vs. fewer that are larger just in case you do loose one for some reason while your are out.
On sizing a system be very conservative on output expectations. It is hard to have the panels optimized for sun angle on a boat. The sun is at low angles a lot of the day. There can be clouds or boat parts shading the panels. They aren't as effective on hot days vs. winter days, but then the winter days are so much shorter. So it will be almost a miracle if the panel is ever putting out its rated wattage and then only if you have a MPPT controller on it and not a PWM controller.
Good luck and we love solar,
Sum
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