Solar Power Panel Cost Per Watt

Drill down to see who s offering the best solar panel prices in your state or city.

Solar power panel cost per watt.

Commercial solar costs 1 83 per watt on average. Solar panel cost per watt is now only 2 50 in some states making a 6kw system only 10 500 after claiming the solar tax credit. With the new solar panels which are 10 more powerful according to a source familiar with the matter tesla s medium size solar system outputs now 8 16 kw and it costs just 16 000 before. Solar panel cost per watt example 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.

Ultimately there are many factors that figure into the price per watt of a solar system but the average cost is typically as low as 2 75 per watt. Residential solar panels cost 2 53 to 3 15 per watt with most homeowners spending 2 70 per watt on average before any tax credits or incentives. Kilowatts shouldn t be confused with kilowatt hours which is the metric to show you how much electricity your system produces. Solar panel price per kilowatt hour.

Solar systems have ratings based on the electricity produced annually in average conditions. Therefore if the solar panel output is 250 watts that single panel might cost you 187 50.