How Much Does A Solar Panel Cost For A House

Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range.

How much does a solar panel cost for a house. Solar panel costs for an average sized installation in the u s. Most homeowners pay between 16 532 and 30 820. That cost is before any tax credits. 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.

The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. 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. Installing a solar panel system costs an average of 23 597 and dropping. April 22 2019 how much does it cost to install solar on an average house in the u s.

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. 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. Solar power systems are very custom based on the home roof type shading and utility.