Cost Of Installing Photovoltaic Solar Panels

A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.

Cost of installing photovoltaic solar panels. The cost of solar panels to power your house are 4 to 10 per square foot. Solar panel cost data 2020 updated. However most installers estimate solar costs by the amount of energy needed at 2 53 to 3 15 per watt before any tax credits or incentives. Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range.

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. No two solar power systems are the same. Solar panel costs for an average sized installation in the u s. They are custom based on the home roof type shading and utility.

Installation for the average 5kw system ranges from 11 100 22 400. September 12 2020 the average cost of installed residential solar power systems is currently 2 60 per watt. With energy prices on the rise this may be the perfect time to go solar. Below are cost estimates based on home size.

Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you. Until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc. Solar panelinstallation cost guide.