Current Cost Of Solar Panels

Estimates are based on the average rate of decline.

Current cost of solar panels.

A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. There are three types common in the residential market. 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. This is higher than the average price of residential solar power systems across the united states which is currently 2 53 per watt.

You ll pay anywhere from 0 70 to 1 50 per watt to purchase a solar panel. Each one has its own pros and cons from price to efficiency. The average cost of solar panels has fallen 65 from 7 34 per watt in 2010 to 2 53 per watt in 2019. 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.

With the average system size tallying in at 6 kilowatts this means. 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. How does system size impact the cost of solar. Solar panel costs for an average sized installation in the u s.

With labor and other factors solar panel installation costs a total of 2 50 to 3 50 per watt. Labor costs to install solar panels.