How Much For Solar Panels Added To My House

Assuming not much has changed in 2 years a big assumption.

How much for solar panels added to my house.

At 4 020 per kilowatt a 5 kilowatt solar panel installation would add an average of 20 100 to the market value of a mid sized u s. The berkeley lab study says that each watt of installed solar capacity adds around 3 to a home s value. Assuming you are going to choose standard efficiency solar panels here are the most common sizes for residential solar systems and their kwh production potential to give you an idea. The national residential solar system average of 5 kilowatts kw generates 5 000 watts of power.

2 that s an appreciable amount that homebuyers are willing to pay. 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. Below are cost estimates based on home size. A solar equipped home could potentially add about 3 x 5 000 watts 15 000 to a home s value.

In addition to the added resale value there s also the monthly saving on electric which is about 120 per month. Says top 1 real estate agent thomas braunagel of bridgeport ct anybody can quote this super efficient july 15th but what really counts is when you average it out over the course of the year and this means factoring in the rainy months and. Cost of solar panels per square foot the cost of solar panels to power your house are 4 to 10 per square foot. Plenty of solar companies like to quote the savings you ll generate on the hottest and longest days of the year.

The amount of power kwh your solar energy system can produce depends on the number of solar panels that can absorb solar energy and convert it into electricity.