Calculate Solar Panel Installation Cost

Here s an example on how we can breakdown solar panel cost and what it typically costs for installing a system.

Calculate solar panel installation cost. A turnkey solution will charge 100 200 the cost of equipment to perform the installation. Solar panel installation cost varies by provider. If your 6 6 kw system costs 10k in equipment they may charge you 20k for the installation bringing the grand total for the project to 30 000. The average cost of installed residential solar power systems is currently 2 60 per watt.

Residential solar panels are usually sized at 3kw to 8kw and can cost anywhere from 9 255 and 24 552 in total installation costs. Solar energy costs 0 08 to 0 10 per kwh to produce on average depending on your location. Home and the price per watt for solar panels can range from 2 50 to 3 50. This approximation tells you what you need for a solar power system to produce enough electricity to offset your annual electricity use.

It is determined by the solar calculator either by the amount you put in or approximated by dividing the amount of your electricity bill by the cost per kilowatt hour for your area. Current industry average cost between 3 to 4 per watt average size solar panel system between 5 and 6 kilowatts a kilowatt is 1000 watts 3 26 per watt x 5 000 watts 16 300 per system before the 30 itc tax credit. Solar panel installation costs around 18 500 for a 6kw solar panel system for a 1 500 square ft. 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.

A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.