Average Cost To Put Solar Panels On A House

Installing a solar panel system costs an average of 23 597 and dropping.

Average cost to put solar panels on a house.

How does system size impact the cost of solar. Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years. 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. 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. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. They are custom based on the home roof type shading and utility. According to gauteng based solar power specialist company nexsolar the cost of solar power installation can range from around r63 000 to r200 000 depending on the size of the house and electrical output requirements.

Please feel free to fill out the form below or contact powerhome solar at 800 765 2715 and one of our solar representatives will help you determine whether your home qualifies for this program. Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range. Explore solar panel installation services. Installation for the average 5kw system ranges from 11 100 22 400.

A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. The average cost of installed residential solar power systems is currently 2 60 per watt. 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.

With installation an average residential 5kw size system costs between 3 and 5 per watt according to the cse which results in the 15 000 to 25 000 range. Solar panel costs for an average sized installation in the u s. Most homeowners pay between 16 532 and 30 820. The solar panels installed on your home are american made and come with a 30 year warranty with many panels expected to last well beyond that.

An 80sqm house for example would require 2kw of power per day and this system would cost approximately r63 000.