How Much Does It Cost For Solar Panels And Batteries

This is higher than the average price of residential solar power systems across the united states which is currently 2 60 per watt.

How much does it cost for solar panels and batteries. Solar panel cost per watt. 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. With installation an average residential 5kw size system costs between 3 and 5 per watt according to the cse which results in the 15 000 to 25 000 range. That cost is before any tax credits.

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. Commercial solar costs 1 83 per watt on average. 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. As of sep 2020 the average cost of solar panels in california is 2 68 per watt making a typical 6000 watt 6 kw solar system 11 877 after claiming the 26 federal solar tax credit now available.

The installed cost of a battery is closer to 11 000 to 18 000 and 800 kwh to 1 300 kwh. The dc coupled price of this resiliency system is 45 237 which is 63 percent. The larger system uses a 5 6 kw solar pv array with a higher capacity 5 kw 20 kwh lithium ion battery see figure 2. Solar systems have ratings based on the electricity produced annually in average conditions.