How Much Does10 Kw Solar Panel Cost

Now you also need to take into account the tax benefits associated with upgrading to solar.

How much does10 kw solar panel cost.

When you take the federal solar tax credit into account that price drops down to about 23 500. An array is a collection of pv panels which in standard homes consist of between 10 and 20 modules. With the average cost of solar at 3 18 per watt of installed solar a 10kw solar energy system in the us will cost about 31 800. Larger fixed tilt or one axis tracking utility scale systems greater than 2 mw cost 1 06 per watt on average.

The average solar panel installation. Solar system prices will vary from state to state. At the beginning of 2018 the cost of solar energy in the united states was a little under 3 15 per watt which equals just over 31 000 for a 10 kilowatt system. How much are solar panels for home.

That s why the average solar powered residential property uses a 5 kw solar array. 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. That means that the total cost for a 10kw solar system would be 21 534 after the 26 federal itc discount not factoring in any additional state rebates or incentives. Solar panels modules 33x 310w tier 1 60.

As of july 2020 the average cost of solar in the u s. Wire conduit fittings breakers and other miscellaneous electrical components to complete the solar system installation. 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. It s vital to know these terms as they ll affect the cost of your installation.

A 10 kw to 2 mw commercial solar panel system costs 1 83 per watt before any tax rebates or incentives.