The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.
How much does a solar panels system cost.
Individual solar panel costs.
Installation of panels for the average 5kw system ranges from 11 100 22 400.
Solar power systems are very custom based on the home roof type shading and utility.
Panels come in a broad range of sizes from tiny 5w panels up to 400w premium offerings.
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.
Compare pricing for individual solar panels we carry in our shop.
Solar panel cost data 2020.
Solar panel costs for an average sized installation in the u s.
A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.
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.
Solar panel cost per watt.
The average cost of installed residential solar power systems is currently 2 60 per watt.