Current Cost Of Solar Panels

The average cost of installed residential solar power systems is currently 2 60 per watt.

Current cost of solar panels.

The average cost of installing solar panels is 3 05 per watt according to solar comparison shopping marketplace energysage. With the average system size tallying in at 6 kilowatts this means. As of sep 2020 the average cost of solar panels in oklahoma is 2 62 per watt making a typical 6000 watt 6 kw solar system 11 637 after claiming the 26 federal solar tax credit now available. How does system size impact the cost of solar.

There are three types common in the residential market. With labor and other factors solar panel installation costs a total of 2 50 to 3 50 per watt. Each one has its own pros and cons from price to efficiency. You ll pay anywhere from 0 70 to 1 50 per watt to purchase a solar panel.

This is higher than the average price of residential solar power systems across the united states which is currently 2 53 per watt. The average cost of solar panels has fallen 65 from 7 34 per watt in 2010 to 2 53 per watt in 2019. Solar panel costs for an average sized installation in the u s. Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you.

Estimates are based on the average rate of decline. A standard 6 kw residential solar system has dropped from 44 000 down to 15 200 over the past decade not including the federal solar tax credit.