Price Of Solar Panels Per Kw

As of july 2020 the average cost of solar in the u s.

Price of solar panels per kw.

Solar panel cost data california 2020 updated. Residential solar energy costs 0 08 to 0 10 per kwh on average and commercial or utility scale solar power costs 0 06 to 0 08 per kilowatt hour. As of sep 2020 the average cost of solar panels in california is 2 68 per watt making a typical 6000 watt 6 kw solar system 11 877 after claiming the 26 federal solar tax credit now available. Each solar panel is worth around 250 to 300 w so for a 2 kw system you will need eight panels and for a 4 kw system you will need sixteen.

A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. The highest output will be achieved with an unobstructed south facing view of the sun for maximum solar power. This could produce an estimated 3 200 to 5 600 kilowatt hours kwh of alternating current ac power per month assuming at least 5 sun hours per day with the solar array facing south. September 12 2020 the average cost of installed residential solar power systems is currently 2 60 per watt.

This is higher than the average price of residential solar power systems across the united states which is currently 2 60 per watt. You really need 1 kw worth of solar panels for every 50 you pay in electricity every month so if you pay 200 for your electricity per month you are going to need a 4 kw solar panel system. Prices include the federal solar tax credit itc and vary drastically based on the amount of sunlight and type of solar panels installed. This comes out to 26 190 for a 9 kilowatt system before federal tax incentives so the net cost of a 9 kw solar energy system would be 19 381.

For example systems using sunpower panels see the highest average prices 17 820 22 020 for a 6 kw system and 29 700 36 700 for a 10 kw system and sunpower is known for producing well made high efficiency panel products. Solar energy cost per kwh. This cost doesn t factor in any state or utility rebates and incentives for going solar. Solar panel installation cost it s important to understand that solar systems involve a lot more than just the solar panels themselves.

The price you pay for a solar panel brand is reflective of panel quality to a degree. 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.