Price Per Watt Solar System

Average solar panel cost.

Price per watt solar system.

The average cost of installing solar panels is 3 05 per watt according to solar comparison shopping marketplace energysage. With energy prices on the rise this may be the perfect time. Another measure of the relative value of a solar system is its price per kwh. With the average system size tallying in at 6 kilowatts this means.

Solar panel costs for an average sized installation in the u s. 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. However solarreviews handles more than 1 000 quote requests per day and the current average price we see on our marketplace is 2 53 per watt. National data september 2020.

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. A kilowatt hour is a unit of energy and is equivalent to consuming 1 000 watts. 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. A standard 6 kw residential solar system has dropped from 44 000 down to 15 200 over the past decade not including the federal solar tax credit.