Average Cost Per Solar Panel

How does system size impact the cost of solar.

Average cost per solar panel.

Solar companies that purchase in bulk typically spend 0 75 per watt whereas homeowners spend 1 per watt. Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range. Solar panel price per kilowatt hour. Usually range from 11 144 to 14 696 after solar tax credits and the average price per watt for solar panels ranges from 2 51 to 3 31.

With the average system size tallying in at 6 kilowatts this means. As of sep 2020 the average cost of solar panels in colorado is 2 5 per watt making a typical 6000 watt 6 kw solar system 11 078 after claiming the 26 federal solar tax credit now available. Solar panel costs for an average sized installation in the u s. One 150 to 300 watt solar panel costs 112 to 450 on average or between 0 75 to 1 50 per watt depending on the type of panel energy efficiency rating and size.

Ultimately there are many factors that figure into the price per watt of a solar system but the average cost is typically as low as 2 75 per watt. This cost doesn t factor in any state or utility rebates and incentives for going solar. Rates may be higher or lower depending on your zip code total number of solar panels and accessibility factors such as roof height. Until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc.

The average cost of installing solar panels is 3 05 per watt according to solar comparison shopping marketplace energysage. As of july 2020 the average cost of solar in the u s. This price will vary if a project requires special adders like ground mounting a main panel upgrade ev charger etc. With installation an average residential 5kw size system costs between 3 and 5 per watt according to the cse which results in the 15 000 to 25 000 range.

That cost is before any tax credits. This comes out to 26 190 for a 9 kilowatt system before federal tax incentives so the net cost of a 9 kw solar energy system would be 19 381. Solar panel cost data 2020 updated. Industry experts recommend cleaning your solar panels twice per year to keep them at their peak power output.

A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. Installing a solar panel system costs an average of 23 597 and dropping. Is 2 91 per watt. Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you.

The national average cost for residential solar panel cleaning is 133. Most homeowners pay between 16 532 and 30 820.