Solar power systems are very custom based on the home roof type shading and utility.
Home solar system cost.
The average cost of installed residential solar power systems is currently 2 53 per watt a typical 6kw system costs 11 248 after claiming the 26 solar tax credit.
Off grid solar system costs.
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.
What range of costs should you expect to see in quotes for a solar panel system.
Compare our most popular grid tie solar kits at a glance.
Installation of panels for the average 5kw system ranges from 11 100 22 400.
The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.
If you choose to install a battery as part of your solar energy system it is also eligible for the itc.
Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8.
Browse our grid tie solar kits for up to date pricing.
Installing a solar panel system costs an average of 23 597 and dropping most homeowners pay between 16 532 and 30 820 expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc.
Packages with a classic string inverter will cost a bit less while micro inverter systems will cost a bit more.
Solar panel cost in 2020.
Compare our most popular off grid solar kits at a glance.
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 itc reduces the cost of a solar panel system by 30 percent with no upper limit.
Grid tie solar system costs.
Solar panel costs for an average sized installation in the u s.
With energy prices on the rise this may be the perfect time.