How Much Does A 12 Panel Solar System Cost

While installation costs vary by region and installer in 2016 the national renewable energy lab found residential solar installations in the us cost an average of 2 93 per watt before applying any financial incentives.

How much does a 12 panel solar system cost.

Solar companies that purchase in bulk typically spend 0 75 per watt whereas homeowners spend 1 per watt. That means that the total cost for a 12kw solar system would be 25 841 after the 20 federal itc discount not factoring in any additional state rebates or incentives. How much does a 12 kw solar system cost. At this rate then a 12 kw system costs around 35 160.

Solar panel costs for an average sized installation in the u s. 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. There are three types common in the residential market. How does system size impact the cost of solar.

A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. With labor and other factors solar panel installation costs a total of 2 50 to 3 50 per watt. Installation of panels for the average 5kw system ranges from 11 100 22 400. Each one has its own pros and cons from price to efficiency.

Solar power systems are very custom based on the home roof type shading and utility. The average cost of installed residential solar power systems is currently 2 60 per watt. Is 2 91 per watt 34 920 for a 12 kilowatt system.