How much does a solar panel installation cost?

The best way to evaluate the price of a solar panel installation is in dollars per watt ($/W). Similar to comparing dollars per square foot when shopping for a home, $/W helps standardize the cost of solar by showing the cost of solar on a per watt basis. Currently, the average price of a solar panel system install in the U.S. is $2.91/W.

Does California have solar panels?

In fact, residential solar and battery systems in California provided around 340 MW of power during a heatwave in September 2022 to help prevent power outages. Is it worth it to get solar panels in California? Given its abundant sunshine and high utility electricity rates, California is one of the best states to save money with home solar.

How much does a 5000 watt solar system cost?

A fully installed solar system typically costs $3 to $5 per watt before incentives like the 30% tax credit are applied. Using this measurement, 5,000 Watt solar system (5 kW) would have a gross cost between $15,00 and $25,000. The price per watt for larger and relatively straightforward projects are often within the $3-$4 range.

Are thin-film solar panels a good fit for RVs?

Still, if you’re on the go, we believe thin-film solar panels are a good fit for RVs because of their lightweight properties. Depending on which state you live in, your average 6kW solar panel system will cost between to install after accounting for the 30% solar tax credit.

Are solar panels worth it?

Solar panels can generate major savings if you’re trying to reduce your electricity costs, carbon emissions or both. The primary factor in determining whether or not solar panels are worthwhile for you is the cost you’re currently paying for electricity. The higher your electricity costs, the more a solar panel system will save you in the long run.

Should you install a solar panel system without a battery?

When you install a solar panel system without a battery, excess electricity that your system generates is sent back to the grid. With a solar battery, that energy can be stored and drawn on when the sun goes down, and you’ll only need to draw and pay for energy from the grid when your battery is depleted.