Current Cost Per Watt For Solar Panels

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.

Current cost per watt for solar panels.

Solar energy costs 0 08 to 0 10 per kwh to produce on average depending on your location. Therefore if the solar panel output is 250 watts that single panel might cost you 187 50. Solar panel cost data colorado 2020 updated. As of sep 2020 the average cost of solar panels in colorado is 2 5 per watt making a typical 6000 watt 6 kw solar system 11 078 after claiming the 26 federal solar tax credit now available.

This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt. Solar companies can typically get a single solar panel at a price of 0 75 per watt. With the average system size tallying in at 6 kilowatts this means. 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.

Kilowatts shouldn t be confused with kilowatt hours which is the metric to show you how much electricity your system produces. 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.