Average Cost To Put Solar Panels On A House

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Average cost to put solar panels on a house. No two solar power systems are the same. 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. Installing a solar panel system costs an average of 23 597 and dropping.

The solar panels installed on your home are american made and come with a 30 year warranty with many panels expected to last well beyond that. Most homeowners pay between 16 532 and 30 820. How does system size impact the cost of solar. They are custom based on the home roof type shading and utility.

In california where the average system required is 4 23 kw solarreviews research data shows that the average solar panel installation cost as of jan 2020 is 2 78 per watt meaning the 4 23 kw system would be 11 753 before the solar tax credit and 8 701 after the federal tax credit. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. The average cost of installed residential solar power systems is currently 2 60 per watt. Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range.

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years. Until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc. April 22 2019 how much does it cost to install solar on an average house in the u s. Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you.

Solar panel costs for an average sized installation in the u s. An 80sqm house for example would require 2kw of power per day and this system would cost approximately r63 000. The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house. 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 typical 6kw system costs 11 544 after claiming the 26 solar tax credit.