Average Cost Of Household Solar Panels

Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range.

Average cost of household solar panels. 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. Solar energy costs 0 08 to 0 10 per kwh to produce on average depending on your location. Until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc.

Installation of panels for the average 5kw system ranges from 11 100 22 400. 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. The average cost of installed residential solar power systems is currently 2 60 per watt.

How does system size impact the cost of solar. Most homeowners pay between 16 532 and 30 820. Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you. The average cost of installing solar panels is 3 05 per watt according to solar comparison shopping marketplace energysage.