How Much For Solar Panels Added To My House

Assuming not much has changed in 2 years a big assumption.

How much for solar panels added to my house.

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. Well this article is almost 2 years ago and i m considering adding solar panels to my house now. Assuming you are going to choose standard efficiency solar panels here are the most common sizes for residential solar systems and their kwh production potential to give you an idea. The berkeley lab study says that each watt of installed solar capacity adds around 3 to a home s value.

In addition to the added resale value there s also the monthly saving on electric which is about 120 per month. A solar equipped home could potentially add about 3 x 5 000 watts 15 000 to a home s value. Plenty of solar companies like to quote the savings you ll generate on the hottest and longest days of the year. 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.

The average cost of a solar panel system for a home in may 2020 is 3 18 per watt making an average 7 kw installed residential solar power system 22 260 before the 26 federal solar tax credit and 16 472 once the tax credit is applied. 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. 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. Cost of solar panels per square foot the cost of solar panels to power your house are 4 to 10 per square foot.

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