How Much Do Solar Panels Cost For A 1 500 Square Foot House

How does system size impact the cost of solar.

How much do solar panels cost for a 1 500 square foot house. National data september 2020. 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. However solarreviews handles more than 1 000 quote requests per day and the current average price we see on our marketplace is 2 64 per watt. 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.

Installation of panels for the average 5kw system ranges from 11 100 22 400. Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you. Solar power systems are very custom based on the home roof type shading and utility. The most recent official data from the doe funded lawrence berkeley labs published in september 2019 found that the median cost of residential solar panels is 3 70 watt.

Solar panel costs for an average sized installation in the u s. The amount of energy your home uses over a certain timeframe say a month is measured in kilowatt hours kwh. The amount of energy that solar panels can absorb and then produce is measured in kilowatts kw. Average solar panel cost.

Installing a solar panel system costs an average of 23 597 and dropping most homeowners pay between 16 532 and 30 820 expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc. Below are cost estimates based on home size.