How Much Should Solar Panel Installation Cost

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.

How much should solar panel installation cost. 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. Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you. The average cost of installed residential solar power systems is currently 2 60 per watt. Solar panel costs for an average sized installation in the u s.

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 panel cost data 2020. Installing a solar panel system costs an average of 23 597 and dropping. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.

Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range. Most homeowners pay between 16 532 and 30 820. They are custom based on the home roof type shading and utility. Installation for the average 5kw system ranges from 11 100 22 400.

Until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc. Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years. Explore solar panel installation services.