How Much To Pay For Solar Panels Installation

Solar panel costs for an average sized installation in the u s.

How much to pay for solar panels installation.

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. Considering the average home installs a 6 200 watt solar panel system the average homeowner has an estimated cost of 18 600 to install solar panels. Installation of panels for the average 5kw system ranges from 11 100 22 400. Each one has its own pros and cons from price to efficiency.

You can click into the different solar financing options for much more extensive information. There are three types common in the residential market. You ll pay anywhere from 0 70 to 1 50 per watt to purchase a solar panel. The below comparison shows you the most important details for each option.

This is just the national average though and so your actual costs may be much more or much less depending on many factors such as location and your specific home. 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. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you.

Solar power systems are very custom based on the home roof type shading and utility. With labor and other factors solar panel installation costs a total of 2 50 to 3 50 per watt.