Cost To Install Solar Panels Seattle

This is higher than the average price of residential solar power systems across the united states which is currently 2 53 per watt.

Cost to install solar panels seattle.

Solar panel cost data 2020 updated. After accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price you ll pay for solar can fall by thousands of dollars. How long does it take to earn back your initial investment in solar panels. As of sep 2020 the average cost of solar panels in washington is 2 73 per watt making a typical 6000 watt 6 kw solar system 12 117 after claiming the 26 federal solar tax credit now available.

Installation for the average 5kw system ranges from 11 100 22 400. The average cost for an installed residential solar system in washington is currently 12 117 after claiming the 26 federal solar tax credit. As part of net metering eligible customers may opt to participate in meter aggregation. 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.

City light net metering and federal tax credits may improve the economics of your investment. After accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price you ll pay for solar can fall by thousands of dollars. September 12 2020 the average cost of installed residential solar power systems is currently 2 60 per watt. Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years.

This is 2 73 per watt. Currently in seattle the average residential solar electric system size is 7kw. Given a solar panel system size of 5 kilowatts kw an average solar installation in seattle wa ranges in cost from 12 538 to 16 962 with the average gross price for solar in seattle wa coming in at 14 750. On a cost per watt w basis a solar panel installation in washington ranges in price from 2 34 to 3 16.

This represents an investment of about 24 000 before incentives or taxes. Generally the larger the system the lower the cost per kw installed. Installation cost guide no two solar power systems are the same. They are custom based on the home roof type shading and utility.

Given a solar panel system size of 5 kilowatts kw an average solar installation in washington ranges in cost from 11 688 to 15 812 with the average gross price for solar in washington coming in at 13 750. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.