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.
How much does cost to install solar panels.
A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.
September 12 2020 the average cost of installed residential solar power systems is currently 2 60 per watt.
This includes all installation components.
In california where the average system required is 4 23 kw solarreviews research data shows that the average solar panel installation cost as of jan 2020 is 2 78 per watt meaning the 4 23 kw system would be 11 753 before the solar tax credit and 8 701 after the federal tax credit.
Solar panel cost data 2020 updated.
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.
Assuming you can find a way to install it a system like this will cost somewhere in the ballpark of 9 500 10 500 total.
The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.