How Much Money Does One Solar Panel Cost

Simply put the more energy you want to generate the more solar equipment you ll need to get.

How much money does one solar panel cost.

One 150 to 300 watt solar panel costs 112 to 450 on average or between 0 75 to 1 50 per watt depending on the type of panel energy efficiency rating and size. Average solar panel cost. But the true cost of solar panels and whether they ll help you save money depends on a few key factors. Solar panels cost money upfront but will save you money in the long term the average home can save between 10 000 and 30 000 over the lifetime of your solar panel system start comparing custom quotes on the energysage marketplace to see your estimated savings from solar.

Solar companies that purchase in bulk typically spend 0 75 per watt whereas homeowners spend 1 per 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. 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.

On average installation and the system together can run between 15 000 and 25 000.