In california where the average system required is 4 23 kw solarreviews research data shows that the average solar panel installation cost as of jan 2020 is 2 78 per watt meaning the 4 23 kw system would be 11 753 before the solar tax credit and 8 701 after the federal tax credit.
Cost per watt solar panels installed.
Residential solar panels cost 2 53 to 3 15 per watt with most homeowners spending 2 70 per watt on average before any tax credits or incentives.
A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.
Kilowatts shouldn t be confused with kilowatt hours which is the metric to show you how much electricity your system produces.
Solar panel costs for an average sized installation in the u s.
Solar panel cost data 2020.
With labor and other factors solar panel installation costs a total of 2 50 to 3 50 per watt.
The average cost of installed residential solar power systems is currently 2 60 per watt.
Commercial solar costs 1 83 per watt on average.
Solar energy cost per kwh.
Solar panel cost per watt example three dollars per watt 3 w means that for a 5 kilowatt system a common solar system size the gross system cost will be 15 000.
There are three types common in the residential market.