Cost Of Installing Photovoltaic Solar Panels

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 of installing photovoltaic solar panels.

Most homeowners pay between 16 532 and 30 820. The cost of solar panels to power your house are 4 to 10 per square foot. Below are cost estimates based on home size. September 12 2020 the average cost of installed residential solar power systems is currently 2 60 per watt.

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. They are custom based on the home roof type shading and utility. Solar panel costs for an average sized installation in the u s. Solar panelinstallation cost guide.

A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. Installation for the average 5kw system ranges from 11 100 22 400. Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you. Until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc.

Solar panel cost data 2020 updated. With energy prices on the rise this may be the perfect time to go solar. Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range.