Cost To Install Your Own Solar Panels

Below are cost estimates based on home size.

Cost to install your own solar panels.

Not a bad investment. It usually costs 15 000 to 20 000 after tax credits and can reduce your electricity bill by 70 to 100 percent depending on the size and. Do it yourself solar panel installation can be less expensive but your options are limited according to data from the energysage solar marketplace the average gross cost of going solar for homeowners meaning your costs before incentives and rebates are applied is 17 460. Installation for the average 5kw system ranges from 11 100 22 400.

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. On the other hand you should be able to buy a 5 kw diy solar panel kit for under 2 00 per watt. Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you.

You can go solar today for about one third of what it would have cost ten years ago. Right now the average cost of solar panel installation by a professional solar company is around 3 00 per watt. Therefore homeowners have the option of lowering the total cost of this project by handling the installation on their own. Solar panel costs for an average sized installation in the u s.

For a typical 5 kw 5 000 watt solar panel system that works out to 15 000. Cash buying your solar electric system outright is best. 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. By opting to go diy solar you can actually cut your costs by more than 12 000 for the average home solar system.

That cost is before any tax credits. The cost of solar panels to power your house are 4 to 10 per square foot. They are custom based on the home roof type shading and utility. 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.

The average cost of residential solar panel installation in america in 2018 from a reputable and licenses solar company is 3 08 per watt or 18 480 for a standard sized 6kw system. So all up you save a net amount by doing it yourself of 2 144. How does system size impact the cost of solar. In fact the cost of a fully installed system went down from 7 14 watt in 2010 to 2 50 watt by 2020.

After the 30 solar tax credit this becomes 12 936.