Cost Of Solar Electric Panels

Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range.

Cost of solar electric panels.

Solar panel costs for an average sized installation in the u s. 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. Installation of panels for the average 5kw system ranges from 11 100 22 400. However solarreviews handles more than 1 000 quote requests per day and the current average price we see on our marketplace is 2 60 per watt.

Solar power systems are very custom based on the home roof type shading and utility. Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years. On average installation and the system together can run between 15 000 and 25 000. Installing a solar panel system costs an average of 23 597 and dropping.

Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you. But the true cost of solar panels and whether they ll help you save money depends on a few key factors. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. How does system size impact the cost of solar.

Most homeowners pay between 16 532 and 30 820. 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.