Average Cost To Have Solar Panels Installed

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.

Average cost to have solar panels installed.

The cost of installing solar panels depends on many factors but a u s. Solar panel costs for an average sized installation in the u s. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. Solar panel cost data 2020 updated.

The average cost of installing solar panels is 3 05 per watt according to solar comparison shopping marketplace energysage. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. For example a 5000 wattsolar panel installation would cost about 15 000. Homeowner can expect to pay around 3 per watt.

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. With the average system size tallying in at 6 kilowatts this means. These figures are excluding solar tax credits which reduce costs by 30 to around 10 500. 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.

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years. Installation of panels for the average 5kw system ranges from 11 100 22 400.