Calculate Solar Panel Installation Cost
A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.
Calculate solar panel installation cost. Solar panel installation costs around 18 500 for a 6kw solar panel system for a 1 500 square ft. A turnkey solution will charge 100 200 the cost of equipment to perform the installation. 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. Here s an example on how we can breakdown solar panel cost and what it typically costs for installing a system.
The average cost of installed residential solar power systems is currently 2 60 per watt. Solar panel installation cost varies by provider. Solar energy costs 0 08 to 0 10 per kwh to produce on average depending on your location. 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.
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. 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. Get free estimates from solar installers near you or view our cost guide below. See average solar panel system costs by size before tax credits or discounts.
This approximation tells you what you need for a solar power system to produce enough electricity to offset your annual electricity use.