Cost Of Solar Panels For Average Home

The average cost of installing solar panels is 3 05 per watt according to solar comparison shopping marketplace energysage.

Cost of solar panels for average home.

Solar panels cost 1 77 to 2 20 per watt and a 6 kw solar panel installation for the average home costs from 10 626 to 13 230 after the 30 federal solar tax credit. Installing a solar panel system costs an average of 23 597 and dropping most homeowners pay between 16 532 and 30 820 expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc. Solar energy costs 0 08 to 0 10 per kwh to produce on average depending on your location. Average solar panel cost.

Solar panel cost in 2020. However solarreviews handles more than 1 000 quote requests per day and the current average price we see on our marketplace is 2 64 per watt. Solar power systems are very custom based on the home roof type shading and utility. Installation of panels for the average 5kw system ranges from 11 100 22 400.

With the average system size tallying in at 6 kilowatts this means. National data september 2020. Solar panel costs for an average sized installation in the u s. 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.

The most recent official data from the doe funded lawrence berkeley labs published in september 2019 found that the median cost of residential solar panels is 3 70 watt.