Average Cost To Install Solar Panels 2017

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.

Average cost to install solar panels 2017. For 2017 the average cost per watt of solar systems in the us is 3 26 cents. This is just the national average though and so your actual costs may be much more or much less depending on many factors such as location and your specific home. Installed home solar system cost by. 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.

How does system size impact the cost of solar. If you are buying pv panels and like to save on your electrical energy bills you have to prepare your project. That cost is before any tax credits. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.

But wait don t forget about the solar investment tax credit. Each one has its own pros and cons from price to efficiency. Solar panel costs for an average sized installation in the u s. The new roof was needed for the solar installation.

In the energy credit can i input the roof costs as well. With labor and other factors solar panel installation costs a total of 2 50 to 3 50 per watt. So let s do the math. With installation an average residential 5kw size system costs between 3 and 5 per watt according to the cse which results in the 15 000 to 25 000 range.

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years. System size brand state tesla solar panel prices. Solar power systems are very custom based on the home roof type shading and utility. There are three types common in the residential market.

The average cost of installed residential solar power systems is currently 2 60 per watt. Considering the average home installs a 6 200 watt solar panel system the average homeowner has an estimated cost of 18 600 to install solar panels. I had a new roof and solar system installed 2017. Installation of panels for the average 5kw system ranges from 11 100 22 400.

The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. If we multiply 5 000 watts by 3 26 we get 16 300.