How Much For Solar Panels Added To My House

2 that s an appreciable amount that homebuyers are willing to pay.

How much for solar panels added to my house. The national residential solar system average of 5 kilowatts kw generates 5 000 watts of power. Well this article is almost 2 years ago and i m considering adding solar panels to my house now. The berkeley lab study says that each watt of installed solar capacity adds around 3 to a home s value. A solar equipped home could potentially add about 3 x 5 000 watts 15 000 to a home s value.

However most installers estimate solar costs by the amount of energy needed at 2 53 to 3 15 per watt before any tax credits or incentives. Says top 1 real estate agent thomas braunagel of bridgeport ct anybody can quote this super efficient july 15th but what really counts is when you average it out over the course of the year and this means factoring in the rainy months and. In addition to the added resale value there s also the monthly saving on electric which is about 120 per month. At 4 020 per kilowatt a 5 kilowatt solar panel installation would add an average of 20 100 to the market value of a mid sized u s.

Below are cost estimates based on home size. Or in california at 5 911 per kilowatt a small 3 1 kilowatt system would add an average of 18 324 to the value of a mid sized home. Plenty of solar companies like to quote the savings you ll generate on the hottest and longest days of the year. Cost of solar panels per square foot the cost of solar panels to power your house are 4 to 10 per square foot.

The amount of power kwh your solar energy system can produce depends on the number of solar panels that can absorb solar energy and convert it into electricity.