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.
Current price for a single solar panel.
Solar panels may require an upfront investment but they can save you money over the course of.
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.
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.
This price will vary if a project requires special adders like ground mounting a main panel upgrade ev charger etc.
Solar energy costs 0 08 to 0 10 per kwh to produce on average depending on your location.