Cost Of Installing Solar Panels For 2500 Sq Ft Home

One of the more frequently asked questions powerhome solar gets is what s the average cost for a 2 500 square foot home or if it s not 2 500 fill in the blank with the size of your home 1 000.
Cost of installing solar panels for 2500 sq ft home. Solar panelinstallation cost guide. The amount of solar energy you will need to produce in order to power your home is not dependent on the size of your home. Installing a solar panel system costs an average of 23 597 and dropping. How much solar do i need for my 2500 square foot home.
The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years. And if you have other sources of electricity. There is no direct correlation between square footage and watts of solar to power the home.
What type of solar power system you ll need grid tie or off grid how much electricity you. Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range. Solar panel cost data 2020 updated. Installation for the average 5kw system ranges from 11 100 22 400.
The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house. Unfortunately there is no per square foot average since the cost of a system actually depends on your daily energy usage and how many full sun hours you receive per day. The average cost of installed residential solar power systems is currently 2 60 per watt a typical 6kw system costs 11 544 after claiming the 26 solar tax credit. With accelerated learning comes mistakes but it is from those mistakes that the most learning about solar panels occurs.
How many solar panels do you need for a 2000 sq. Until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc. No two solar power systems are the same. The amount of solar power you will need depends on four primary factors.
Average cost to install solar panels is about 18 000 20 000. That s probably about the right size for a 2500 square foot home but it really depends on your roof layout orientation and shading. Find here detailed information about solar panel installation costs. Some homes have more efficient appliances and habits also influence electricity usage.
Estimating the number of panels based on home area is an indirect approach since you must assume the kwh consumption. The average costs for everything equipment permitting installation in the us is 3 per watt so a 6 kw would be 18 000 usd before any federal or local incentives.