Cost Of 9 Solar Panels

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years.

Cost of 9 solar panels.

But the true cost of solar panels and whether they ll help you save money depends on a few key factors. How much does a 9 kw solar system cost. Solar panel costs for an average sized installation in the u s. Installation of panels for the average 5kw system ranges from 11 100 22 400.

Usually range from 11 144 to 14 696 after solar tax credits and the average price per watt for solar panels ranges from 2 51 to 3 31. 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. Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you. As of july 2020 the average cost of solar in the u s.

Is 2 91 per watt. This cost doesn t factor in any state or utility rebates and incentives for going solar. 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. 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.

Solar power systems are very custom based on the home roof type shading and utility. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. Average solar panel cost. National data september 2020.

The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house. With energy prices on the rise this may be the perfect time.