Average Cost Per Solar Panel

Solar companies that purchase in bulk typically spend 0 75 per watt whereas homeowners spend 1 per watt.

Average cost per solar panel.

Installing a solar panel system costs an average of 23 597 and dropping. 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 cost doesn t factor in any state or utility rebates and incentives for going solar. Solar panel cost data 2020 updated.

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. Rates may be higher or lower depending on your zip code total number of solar panels and accessibility factors such as roof height. The average cost of installing solar panels is 3 05 per watt according to solar comparison shopping marketplace energysage. 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.

September 12 2020 the average cost of installed residential solar power systems is currently 2 60 per watt. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. Solar panel price per kilowatt hour. Industry experts recommend cleaning your solar panels twice per year to keep them at their peak power output.

Until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc. This comes out to 26 190 for a 9 kilowatt system before federal tax incentives so the net cost of a 9 kw solar energy system would be 19 381. How does system size impact the cost of solar. One 150 to 300 watt solar panel costs 112 to 450 on average or between 0 75 to 1 50 per watt depending on the type of panel energy efficiency rating and size.

Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you. Most homeowners pay between 16 532 and 30 820. Solar panel costs for an average sized installation in the u s. With the average system size tallying in at 6 kilowatts this means.

This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt. The national average cost for residential solar panel cleaning is 133. Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range. Solar panel cost data colorado 2020 updated.

Ultimately there are many factors that figure into the price per watt of a solar system but the average cost is typically as low as 2 75 per watt. As of july 2020 the average cost of solar in the u s.