Cost Of 9 Solar Panels

How much does a 9 kw solar system cost.

Cost of 9 solar panels. On average installation and the system together can run between 15 000 and 25 000. How does system size impact the cost of solar. With energy prices on the rise this may be the perfect time. Is 2 91 per watt.

This comes out to 26 190 for a 9 kilowatt system before federal tax incentives so the net cost of a 9 kw solar energy system would be 19 381. Average solar panel cost. Usually range from 11 144 to 14 696 after solar tax credits and the average price per watt for solar panels ranges from 2 51 to 3 31. Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you.

Solar power systems are very custom based on the home roof type shading and utility. Solar panel costs for an average sized installation in the u s. 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. As of july 2020 the average cost of solar in the u s.

The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. Installation of panels for the average 5kw system ranges from 11 100 22 400. National data september 2020. 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.

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years. This cost doesn t factor in any state or utility rebates and incentives for going solar.