How Much Does A 20 Panel Solar System Cost

How much does a 20 kw solar system cost in 2020.

How much does a 20 panel solar system cost.

A standard 6 kw system with 20 to 25 panels costs about 1 600 for solar installation labor before applying the 30 federal solar rebate. Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range. Until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc. The real range is more like 2 909 and 5 810 which includes 1 5kwh 6kwh solar systems.

As of july 2020 the average cost of solar in the u s. The average cost of installed residential solar power systems is currently 2 60 per watt. Solar power systems are very custom based on the home roof type shading and utility. The average cost to install a residential solar installation according to the national renewable energy lab is 2 93 per watt.

So a 20 kilowatt installation that you pay for in cash upfront would total around 58 600. Installing a solar panel system costs an average of 23 597 and dropping. The average labor cost to install solar panels is 0 27 per watt or around 15 of the total cost of your system. The average solar system costs 4 633 installed.

That s a staggering number to be sure. Installation of panels for the average 5kw system ranges from 11 100 22 400. How much does a 20 kw solar system cost. 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.

Most homeowners pay between 16 532 and 30 820. How does system size impact the cost of solar. Solar panel costs for an average sized installation in the u s. Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you.

Average solar panels cost knowing the right solar panel system for you will largely depends on the size of your home and your energy consumption.