Solar Power Panel Cost Per Watt

Ultimately there are many factors that figure into the price per watt of a solar system but the average cost is typically as low as 2 75 per watt.

Solar power panel cost per watt. Commercial solar costs 1 83 per watt on average. Residential solar panels cost 2 53 to 3 15 per watt with most homeowners spending 2 70 per watt on average before any tax credits or incentives. Drill down to see who s offering the best solar panel prices in your state or city. Solar companies can typically get a single solar panel at a price of 0 75 per watt.

However if a homeowner is trying to buy one or two panels on their own for a small diy project they will likely pay closer to 1 per watt. Therefore if the solar panel output is 250 watts that single panel might cost you 187 50. Solar panel price per kilowatt hour. Solar panel cost per watt example three dollars per watt 3 w means that for a 5 kilowatt system a common solar system size the gross system cost will be 15 000.

Solar systems have ratings based on the electricity produced annually in average conditions. Kilowatts shouldn t be confused with kilowatt hours which is the metric to show you how much electricity your system produces.