average solar panel installation cost
The average cost to installin the United States is about$12,000after federal tax incentives. On the low end,you can install a smaller system for around $5,000,while a high-priced Tier 1 system can cost $40,000 or more. There are additional costs that go into an installation project beyond the price of panels.
People also ask
What is the average cost of a solar panel system?
The average solar panel system size in the U.S is approximately 6 kilowatts (kW), therefore an average solar panel system would cost $12,516 after tax credits. That鈥檚 more than two percent lower than it was just a year ago, and solar panel system costs are continuing to fall.
How much does it cost to install a 12Kw solar panel?
Solar Panel Cost 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. The average solar panel payback period is 7 to 12 years, and solar energy saves $600 to $2,000 per year on electricity costs.
How much does it cost to install a solar roof?
A 9.45 kW solar system installed on a 1,800 square foot roof costs between $39,600 and $81,000. On average, solar shingles cost up to $8,000 more than installing a new roof with traditional PV solar panels. Glass-faced solar shingles mimic the appearance of a tiled roof and cover more surface area than mounted PV panels to catch more sunlight.
How much does a solar water heater cost to install?
A solar water heater costs $3,000 to $9,000 with installation, depending on the type and size. Solar heating panels, or solar thermal collectors, are different from photovoltaic (PV) solar panels because they only capture heat.