Solar Panel Price Per Watt Chart

Installing a solar panel system costs an average of 23 597 and dropping most homeowners pay between 16 532 and 30 820 expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc.

Solar panel price per watt chart.

Therefore if the solar panel output is 250 watts that single panel might cost you 187 50. National data september 2020. Standard solar panels cost anywhere from 70 cents to 1 20 per watt depending on their output quality and where they are manufactured. Imported 365w astronergy panels now sell for 70 cents per watt while american manufacturer heliene sells 320w panels at 80 cents per watt.

When you look at more specialized panels that are manufactured in lower quantities the price climbs up above 2 watt. That s how we arrive at the total wattage of your system the combined wattage of all the solar panels in the system. While in 1977 prices for crystalline silicon cells were about 77 per watt average spot prices in august 2018 were as low as 0 13 per watt or nearly 600 times less than forty years ago. With solar panels getting cheaper all the time the price gap between imported and american made panels has shrunk considerably.

In addition to solar panel efficiency increasing dramatically solar panel producers have significantly improved their manufacturing processes. Prices for thin film solar cells and for c si solar panels were around 60 per watt. The solar industry today looks very different. With the new prices tesla s small system costs 2 44 per watt medium is 1 95 per watt and large and extra large are 1 93 per watt and 1 84 per watt respectively.

This is a factor of economy of scale. Cost of solar panels over time. Solar companies can typically get a single solar panel at a price of 0 75 per watt. 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.

For 5 000 watt systems if you re using a 300 watt panel 17 solar panels will be used to make up that 5 000 watt system. A tale of falling prices. 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. Solar panels cost 1 77 to 2 20 per watt and a 6 kw solar panel installation for the average home costs from 10 626 to 13 230 after the 30 federal solar tax credit.

Get free estimates from solar installers near you or view our cost guide below. Solar energy costs 0 08 to 0 10 per kwh to produce on average depending on your location. Solar system costs in 2020 grid tied. Average solar panel cost.

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.