Price Of Solar Panels Per Kw

Prices include the federal solar tax credit itc and vary drastically based on the amount of sunlight and type of solar panels installed.

Price of solar panels per kw. The price you pay for a solar panel brand is reflective of panel quality to a degree. Solar panel cost data 2020 updated. This cost doesn t factor in any state or utility rebates and incentives for going solar. The highest output will be achieved with an unobstructed south facing view of the sun for maximum solar power.

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. As of july 2020 the average cost of solar in the u s. A typical 6kw system costs 11 544 after claiming the 26 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.

As of september 2020 the average solar panel cost in california is 2 99 w given a solar panel system size of 5 kilowatts kw an average solar installation in california ranges in cost from 12 708 to 17 192 with the average gross price for solar in california coming in at 14 950 after accounting for the 26 federal investment tax credit itc and other state and local solar incentives. This is higher than the average price of residential solar power systems across the united states which is currently 2 60 per watt. 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. Solar panel installation cost it s important to understand that solar systems involve a lot more than just the solar panels themselves.

Solar energy cost per kwh. 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. 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.

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. 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.