Cost Of 3kw Solar Panel System

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.

Cost of 3kw solar panel system.

3 kw solar system is best for small and medium size homes. Until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc. Installing a solar panel system costs an average of 23 597 and dropping. However if you take advantage of the federal solar investment tax credit you can recover 26 of your costs bringing the total down below 6 700.

Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range. The actual price depends on a number of factors but the average cost of a 3kw system in the u s. National data september 2020. That means that the total cost for a 3 000 watt 3kw solar system would be 6 460 after the 26 federal itc discount not factoring in any additional state rebates or incentives.

A smart 3kw solar system powered by enphase is around 300 more expensive and we also recommend looking at high efficiency solar panels from lg solar. Solar energy cost per kwh. This one s easy to answer. The average cost to install solar in the us hovered around 2 93 per watt in 2016 according to the national renewable energy lab pdf page 32.

Most homeowners pay between 16 532 and 30 820. About 3kw solar system. At this rate a 3 kw installation costs around 8 790 though fyi other sources cite the national average as a little higher even up to 4 50 per watt. Average solar panel cost.

Is just around 9 000. The cost of a 3kw solar system varies a lot depending on the brands with the price of a good quality solar system starting from around 4 500 5 500 fully installed. Is 2 91 per watt 8 730 for a 3 kilowatt solar system. As of january 2020 the average cost of solar in the u s.

3kw solar system categories.