Your electric bill, location and tax incentives can impact solar panel costs. Learn how to estimate how much you''ll spend and save by switching to solar at home.
Monthly payment. For a cash purchase, your average monthly electric bill with solar panels is essentially flat fees that can''t be offset by net metering and any leftover electricity bill (this mostly pertains to California). If you selected financing, the monthly payment represents your loan payment for a 20-year loan.
According to our solar experts, solar panels cost about $19,000 to install in the United States, on average. While the price tag seems steep, incentives and payment options help make the cost of going solar easier to manage.
On average, solar panels cost $8.77 per square foot of living space, after factoring in the 30% tax credit. However, the cost per square foot varies based on the size of the home. For example, the post-tax credit cost of solar panels for a 2,500-square-foot home is around $20,000 for a rate of $7.96 per square foot.
In 2024, an average 11 kW solar panel system costs $22,022 upfront including installation costs and the federal solar tax credit (more on that later). This is a hefty price tag, but when you consider how much you otherwise would''ve spent on electricity, it''s easy to understand why millions of homeowners have gone solar.
Solar panels cost between [$8,500] and [$30,500] or about [$12,700] on average. The price you''ll pay depends on the number of solar panels and the type you install.
The average solar panel cost in the U.S. ranges between $17,350 and $38,000, depending on where you live and before applying incentives. While the cost of solar panels has dropped by more
Residential solar panels are usually sized at 3kW to 8kW and can cost anywhere from $9,255 and $28,000 in total installation costs. See average solar panel system costs by size (before tax credits or discounts).
Solar panels cost between $15,000 and $22,500 on average. Get custom quotes from the top installers in your area using the form below.
The average US cost to install solar panels totals $31,558. Financial incentives are available to offset the overall price. Many homeowners are motivated to transition to clean energy primarily