As of july 2020 the average cost of solar in the u s.
Cost of installing 10 solar panels.
Installation of panels for the average 5kw system ranges from 11 100 22 400.
That means that the total cost for a 10kw solar system would be 21 534 after the 26 federal itc discount not factoring in any additional state rebates or incentives.
However to see average solar power system cost and how to use a solar cost and savings estimator to calculate the cost of solar panels for your home read below.
Solar power systems are very custom based on the home roof type shading and utility.
The most recent official data from the doe funded lawrence berkeley labs published in september 2019 found that the median cost of residential solar panels is 3 70 watt.
This includes all installation components.
Is 2 91 per watt 29 100 for a 10 kilowatt system.
The current average is around 18 600 but it can vary greatly by your home and location get a better estimate for your specific home with our free solar panel cost calculator below.
Unfortunately this is difficult to do well as you will likely run out of room on your roof.
Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you.
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.
A system like this will cost around 4 700 5 700 total.
How does system size impact the cost of solar.
If you are already familiar with the cost of solar energy installation and how much solar panels will save but want to know more about the steps involved in the solar installation process then i recommend this linked article.
Guess using the us average solar panel costs.
Solar panel costs for an average sized installation in the u s.
There are several different ways to estimate solar installation cost.
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.
Solar panels cost 1 77 to 2 20 per watt and solar energy is 0 08 to 0 10 per kwh to produce.