Solar Panel Cost

What Is the Real Cost of Solar Panels? 

Installing solar panels can be one of the most impactful improvements you can make – allowing you to take control of electricity bills, protect your home from outages and increase the value of your property while producing energy directly on the roof. 

How much does it cost to install and manage solar panels? 

Average Costs of Solar Panels  

According to studies by the U.S. Department of Energy, the all-in cost of a home solar panel system is between $2.74 to $3.30 per watt.^1,2,12 This figure includes the solar panels, the installation, and other expenses. Using these numbers, an average-sized 8-kilowatt residential solar system would cost between $21,900 – $26,400. 

Regional pricing differences, the system size, local installation costs, inclusion of home battery backup, and local incentives are other factors which affect the final cost.