Solar Panel Cost Per Kwh

The first way to look at the cost of solar is by watt or kilowatt.

Solar panel cost per kwh.

The average cost of installed residential solar power systems is currently 2 60 per watt. In california where the average system required is 4 23 kw solarreviews research data shows that the average solar panel installation cost as of jan 2020 is 2 78 per watt meaning the 4 23 kw system would be 11 753 before the solar tax credit and 8 701 after the federal tax credit. The system s wattage is the number of panels multiplied by each panel s production rating you may also see a cost per kw in which case it s the total cost divided by kw remember 1 kw 1000 watts. The cost per watt is a simple measurement calculated by taking the total cost of the system and dividing it by the number of watts of capacity in the system.

Prices include the federal solar tax credit itc and vary drastically based on the amount of sunlight and type of solar panels installed. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. Note that these prices are only for the battery itself not for the cost of installation or additional necessary equipment. For those looking for a range for the cost of panels it will run from as low as 0 85 per watt to 1 25 per watt with output ranging from 150w to 350w for a typical solar panel.

That means the same solar panel could cost closer to 250. Solar energy cost per kwh residential solar energy costs 0 08 to 0 10 per kwh on average and commercial or utility scale solar power costs 0 06 to 0 08 per kilowatt hour. Solar panel cost data 2020. Solar panel installation cost it s important to understand that solar systems involve a lot more than just the solar panels themselves.