Per Watt Solar Panel 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.

Per watt solar panel cost.

Solar panel cost per watt is now only 2 50 in some states making a 6kw system only 10 500 after claiming the solar tax credit. A standard 6 kw residential solar system has dropped from 44 000 down to 15 200 over the past decade not including the federal solar tax credit. Solar panel price per kilowatt hour. Drill down to see who s offering the best solar panel prices in your state or city.

However if a homeowner is trying to buy one or two panels on their own for a small diy project they will likely pay closer to 1 per watt. Solar companies can typically get a single solar panel at a price of 0 75 per watt. There are many affordable solar panel and inverter types. Ultimately there are many factors that figure into the price per watt of a solar system but the average cost is typically as low as 2 75 per watt.

This price will vary if a project requires special adders like ground mounting a main panel upgrade ev charger etc. Solar shoppers in california massachusetts and everywhere in between saw low cost solar options for their homes. The good news is that prices have dropped significantly declining 61 percent since 2010 according to nrel. There are three types common in the residential market.

With labor and other factors solar panel installation costs a total of 2 50 to 3 50 per watt. Each one has its own pros and cons from price to efficiency. The average cost of solar panels has fallen 65 from 7 34 per watt in 2010 to 2 53 per watt in 2019. You don t have to choose between only two brands to get the best value solar cell or price per watt which is great news.

The cost per watt installed in the united states varies significantly by state customer type and system size with median prices ranging from 3 2 w to 4 5 w according to berkeley lab s tracking the sun report.