Current Cost Per Watt For Solar Panels

Solar panel cost data colorado 2020 updated.

Current cost per watt for solar panels.

Therefore if the solar panel output is 250 watts that single panel might cost you 187 50. The most recent official data from the doe funded lawrence berkeley labs published in september 2019 found that the median cost of residential solar panels is 3 70 watt. With the average system size tallying in at 6 kilowatts this means. Solar energy costs 0 08 to 0 10 per kwh to produce on average depending on your location.

However if a homeowner is trying to buy one or two panels on their own for a small diy project they will likely pay closer to 1 per watt. Kilowatts shouldn t be confused with kilowatt hours which is the metric to show you how much electricity your system produces. Solar panels cost 1 77 to 2 20 per watt and a 6 kw solar panel installation for the average home costs from 10 626 to 13 230 after the 30 federal solar tax credit. However solarreviews handles more than 1 000 quote requests per day and the current average price we see on our marketplace is 2 60 per watt.

Solar companies can typically get a single solar panel at a price of 0 75 per watt. Three dollars per watt 3 w means that for a 5 kilowatt system a common solar system size the gross system cost will be 15 000.