Current Price For A Single Solar Panel

Solar panels cost 1 77 to 2 20 per watt and a 6 kw solar panel installation for the average home costs from 10 626 to 13 230 after the 30 federal solar tax credit.

Current price for a single solar panel.

However solarreviews handles more than 1 000 quote requests per day and the current average price we see on our marketplace is 2 60 per watt. Solar panels may require an upfront investment but they can save you money over the course of. Solar energy costs 0 08 to 0 10 per kwh to produce on average depending on your location. 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.

Therefore if the solar panel output is 250 watts that single panel might cost you 187 50. Ultimately there are many factors that figure into the price per watt of a solar system but the average cost is typically as low as 2 75 per watt. The average american home spent 124 47 a month on electricity in 2019 according to current stats.