Solar Panel Cost Per Watt

Kilowatts shouldn t be confused with kilowatt hours which is the metric to show you how much electricity your system produces.

Solar panel cost per watt.

Solar energy cost per kwh. Solar systems have ratings based on the electricity produced annually in average conditions. Three dollars per watt 3 w means that for a 5 kilowatt system a common solar system size the gross system cost will be 15 000. For 5 000 watt systems if you re using a 300 watt panel 17 solar panels will be used to make up that 5 000 watt system.

Therefore if the solar panel output is 250 watts that single panel might cost you 187 50. With the average system size tallying in at 6 kilowatts this means. The average cost of installing solar panels is 3 05 per watt according to solar comparison shopping marketplace energysage. Solar companies can typically get a single solar panel at a price of 0 75 per watt.

Solar panel cost data california 2020 updated. As of sep 2020 the average cost of solar panels in california is 2 68 per watt making a typical 6000 watt 6 kw solar system 11 877 after claiming the 26 federal solar tax credit now available. Residential solar panels cost 2 53 to 3 15 per watt with most homeowners spending 2 70 per watt on average before any tax credits or incentives. However if a homeowner is trying to buy one or two panels on their own for a small diy project they will likely pay closer to 1 per watt.

This is higher than the average price of residential solar power systems across the united states which is currently 2 60 per watt. Solar panel cost per watt is now only 2 50 in some states making a 6kw system only 10 500 after claiming the solar tax credit.