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The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.

Cost to have solar panels installed. 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. Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years. 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. Solar panel costs for an average sized installation in the u s.

No two solar power systems are the same. Installation for the average 5kw system ranges from 11 100 22 400.

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