Cost Per Watt Solar Panels Installed

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.

Cost per watt solar panels installed. With labor and other factors solar panel installation costs a total of 2 50 to 3 50 per watt. Solar energy cost per kwh. Each one has its own pros and cons from price to efficiency. Solar panel cost per watt example three dollars per watt 3 w means that for a 5 kilowatt system a common solar system size the gross system cost will be 15 000.

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 panel costs for an average sized installation in the u s. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. There are three types common in the residential market.

Solar systems have ratings based on the electricity produced annually in average conditions. Commercial solar costs 1 83 per watt on average. Residential solar panels cost 2 53 to 3 15 per watt with most homeowners spending 2 70 per watt on average before any tax credits or incentives.