How Much Do Solar Panels Cost For A 1 500 Square Foot House

Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you.

How much do solar panels cost for a 1 500 square foot house.

Installation of panels for the average 5kw system ranges from 11 100 22 400. The amount of energy your home uses over a certain timeframe say a month is measured in kilowatt hours kwh. Average solar panel cost. The cost of solar panels to power your house are 4 to 10 per square foot.

A typical american home will need 14 36 solar panels to cover their power bill and at least 227 square feet of rooftop space to accommodate the solar panels. Solar panel costs for an average sized installation in the u s. National data september 2020. 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.

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. However most installers estimate solar costs by the amount of energy needed at 2 53 to 3 15 per watt before any tax credits or incentives. With energy prices on the rise this may be the perfect time. Below are cost estimates based on home size.

How does system size impact the cost of solar. 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.