Solar Panel Average Cost Per Watt

As of september 2020 the average solar panel cost in california is 2 99 w.

Solar panel average cost per watt.

Commercial solar costs 1 83 per watt on average. The average cost of installing solar panels is 3 05 per watt according to solar comparison shopping marketplace energysage. With the average system size tallying in at 6 kilowatts this means. Installing a solar panel system costs an average of 23 597 and dropping.

Given a solar panel system size of 5 kilowatts kw an average solar installation in california ranges in cost from 12 708 to 17 192 with the average gross price for solar in california coming in at 14 950. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. 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. How does system size impact the cost of solar.

Solar panel cost data 2020 updated. Until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc. What range of costs should you expect to see in quotes for a solar panel system. Solar panel cost per watt 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.

Kilowatts shouldn t be confused with kilowatt hours which is the metric to show you how much electricity your system produces. Solar panel costs for an average sized installation in the u s. As of sep 2020 the average cost of solar panels in colorado is 2 5 per watt making a typical 6000 watt 6 kw solar system 11 078 after claiming the 26 federal solar tax credit now available. This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt.

September 12 2020 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 homeowners pay between 16 532 and 30 820. 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.