But the true cost of solar panels and whether they ll help you save money depends on a few key factors.
How much does a solar panels system cost.
Panels come in a broad range of sizes from tiny 5w panels up to 400w premium offerings.
Installation of panels for the average 5kw system ranges from 11 100 22 400.
On average installation and the system together can run between 15 000 and 25 000.
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.
Individual solar panel costs.
The average cost of installed residential solar power systems is currently 2 60 per watt.
The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.
Solar panel cost per watt.
Solar panel cost data 2020.
Explore current and historical pricing data for solar panels complete systems and solar panel installation costs.
Usually range from 11 144 to 14 696 after solar tax credits and the average price per watt for solar panels ranges from 2 51 to 3 31.
Compare pricing for individual solar panels we carry in our shop.