How Much To Have Solar Panels Installed
Reading Fourth dimension: 12 minutes
In 2022, solar panels cost nearly $20,000 on average. With the toll of solar panels dropping every year, there'south never been a better time to become solar. In this article, nosotros'll break down the toll of solar by organisation size, state, and console brand, all of which can significantly impact the final number you pay.
Key takeaways about solar panel cost
- A solar console installation costs nigh $twenty,498 on boilerplate. That'due south $2.77/W for a 10 kW organisation minus the 26 percent federal solar tax credit
- Total average installation cost ranges from $17,538 to $23,458 after the 26 percent federal solar revenue enhancement credit.
- The toll of solar has fallen about 13 percent over the past 5 years
- The all-time way to get a fair price for solar? Compare quotes on the EnergySage Marketplace, for free.
What you'll learn about in this commodity
- How much does it cost to install solar panels?
- What factors impact the cost of a solar installation?
- Solar costs over fourth dimension
- Rebates and incentives
- How practice you pay for a solar installation?
- How does a solar installation work?
- Are solar panels worth it?
- Frequently asked questions
Solar panel cost in 2022
The cost of a solar panel installation in 2022 ranges from $17,538 to $23,458 afterwards taking into account the federal solar revenue enhancement credit. A unmarried solar panel costs between $200 and $250. On average, a 10 kilowatt (kW) solar console installation costs $xx,498 later taking into account the federal solar taxation credit ($27,700 earlier the tax credit). On a cost per watt ($/W) basis, solar panel prices in 2022 average $ii.77/Westward.
Solar installations are a unique product – just based on your state and the manufacturer of your chosen solar panels, average solar panel costs can vary widely. Here are they key factors that impact solar installation pricing:
- System size: The bigger your solar panel system, the pricier it will be. Importantly, the average per-unit of measurement toll for solar decreases with increasing system size.
- Location: Pricing varies by land every bit well, which is a result of both local quoting trends and system size differences – states that have a larger average arrangement size will naturally have a lower average cost of solar.
- Console brand and quality: Like whatever product or appliance, solar panels come in varying quality.
- Roof characteristics: The price of a solar console installation doesn't just come up from equipment. Your solar installer will as well charge for the difficulty of the installation, and having a complex roof might make your system cost more.
- Labor: Solar companies all charge different labor rates for their work. You lot may opt to pay more for a more reputable company with better reviews and a shorter timetable to installation.
- Permitting and interconnection: While it's non a big factor, paying for permits and your interconnection fee to the grid will add a little to the acme of your total solar installation price.
A note about pricing: gross vs. internet costs
Throughout this article (and all effectually our website), we usually talk most solar panel pricing in terms of gross cost, aka the cost earlier any solar rebates and incentives that tin can reduce the upfront cost of solar, or even get you some money back over time. For example, our cost per Watt ($/W) figures throughout the rest of this article are always the gross cost. This is because solar rebates and incentives aren't always available to anybody. Even the 26 percentage federal solar taxation credit isn't always available for everyone to have full reward of – yous need to have enough tax liability to merits the credit.
What factors impact the cost of a solar panel installation?
There's a lot that goes into the sticker price a solar installer charges you. Solar installations are a unique product: the price you pay is heavily dependent on your unique situation and factors related to your electricity use and property. Here are some of the top factors to go along in listen that can and practise influence the cost of solar panels for your property:
System size
Possibly the most obvious and influential factor in the price yous pay for a solar panel installation is the size of the organization you get. It's pretty simple: a bigger system with more than panels will cost more than coin than a organization with fewer panels (and lower energy output). However, at that place's also that Costco-esque human relationship between system size and price, where a larger organisation has a lower average $/W. Information technology's similar ownership nutrient in bulk – the overall cost is higher, only the per unit price is lower. Here's what EnergySage Marketplace information shows the $/Due west to come out to for various arrangement size buckets, and what that would translate to for a full system:
Cost of solar panels past system size
| System size | Boilerplate solar panel arrangement price (before taxation credits) | Average solar panel system price (after tax credits) | $/W |
|---|---|---|---|
| two | $6,567 | $iv,859 | $3.28 |
| 3 | $nine,288 | $6,873 | $3.x |
| 4 | $xi,522 | $viii,526 | $two.88 |
| 5 | $14,330 | $10,604 | $2.87 |
| 6 | $16,999 | $12,579 | $2.83 |
| 7 | $19,556 | $14,472 | $two.79 |
| 8 | $22,039 | $sixteen,309 | $2.75 |
| 9 | $24,809 | $18,359 | $2.76 |
| 10 | $27,331 | $20,225 | $2.73 |
| eleven | $29,842 | $22,083 | $2.71 |
| 12 | $31,995 | $23,677 | $ii.67 |
NOTE: The $/West in this tabular array reflects the average toll in that system size range, i.east. $3.28 is the average $/W for systems ranging from 2 kW to 2.99 kW.
These prices reflect the cost of a solar energy organization both before AND after deducting the federal solar taxation credit, which saves you 26 percentage. Some states, local governments, and utilities likewise offering rebates and other tax incentives that can salve you lot further money.
Remember, while bigger solar power systems may toll more than, they'll also very probable save you lot more in the long run. If y'all install a 10 kW solar free energy system that covers all of your electricity use, yous might have to pay more than out of pocket, only you'll be cutting a significant monthly expense – your utility pecker – and saving more than money as a upshot. Null-down, low-interest solar loans are becoming increasingly common, making information technology even easier to buy a solar console system that tin can fully offset your electricity bill and maximize your solar savings.
Location
Solar installation costs also vary by your location, mostly by state. The spread of prices isn't that wide and much of the differences by location are actually due to differences in system sizes and incentives, only information technology's still something to go on an eye on.
We've analyzed quote data from our solar marketplace to understand solar panel system prices past state. But as nosotros said above, system sizes tend to be larger in states with lower pricing, so it's non e'er fair to compare a 10 kW organisation in Florida to a x kW system in Massachusetts. Their free energy needs are just as well different.
Cost of solar panels by state
| State | Solar panel price: 6 kw organization average | Solar panel cost: ten kw system average | 2022 federal taxation credit value (for 10 kw organization) | Boilerplate price per watt ($/Due west) |
|---|---|---|---|---|
| Arkansas | $16,320 | $27,200 | $7,072 | $2.72 |
| Arizona | $13,980 | $23,300 | $6,058 | $ii.33 |
| California | $xvi,140 | $26,900 | $6,994 | $2.69 |
| Colorado | $18,780 | $31,300 | $8,138 | $iii.13 |
| Connecticut | $eighteen,360 | $xxx,600 | $7,956 | $3.06 |
| Washington D.C. | $20,460 | $34,100 | $8,866 | $3.41 |
| Delaware | $15,720 | $26,200 | $6,812 | $2.62 |
| Florida | $14,640 | $24,400 | $vi,344 | $2.44 |
| Georgia | $17,940 | $29,900 | $7,774 | $2.99 |
| Iowa | $xviii,120 | $30,200 | $vii,852 | $iii.02 |
| Idaho | $15,300 | $25,500 | $vi,630 | $2.55 |
| Illinois | $17,880 | $29,800 | $seven,748 | $2.98 |
| Indiana | $xix,500 | $32,500 | $8,450 | $3.25 |
| Louisiana | $18,840 | $31,400 | $eight,164 | $iii.fourteen |
| Massachusetts | $18,660 | $31,100 | $8,086 | $3.11 |
| Maryland | $17,520 | $29,200 | $seven,592 | $2.92 |
| Maine | $15,840 | $26,400 | $6,864 | $2.64 |
| Michigan | $18,600 | $31,000 | $viii,060 | $3.ten |
| Minnesota | $xviii,240 | $xxx,400 | $seven,904 | $3.04 |
| Montana | $18,180 | $30,300 | $7,878 | $3.03 |
| Due north Carolina | $16,500 | $27,500 | $7,150 | $two.75 |
| New Hampshire | $18,360 | $30,600 | $7,956 | $3.06 |
| New Bailiwick of jersey | $16,740 | $27,900 | $7,254 | $ii.79 |
| New Mexico | $19,260 | $32,100 | $8,346 | $3.21 |
| Nevada | $14,640 | $24,400 | $6,344 | $2.44 |
| New York | $18,960 | $31,600 | $viii,216 | $3.16 |
| Ohio | $16,080 | $26,800 | $half-dozen,968 | $2.68 |
| Oklahoma | $eighteen,480 | $xxx,800 | $8,008 | $three.08 |
| Oregon | $17,340 | $28,900 | $seven,514 | $2.89 |
| Pennsylvania | $18,060 | $thirty,100 | $7,826 | $three.01 |
| Rhode Island | $18,900 | $31,500 | $eight,190 | $iii.15 |
| Due south Carolina | $sixteen,680 | $27,800 | $vii,228 | $2.78 |
| Texas | $fifteen,840 | $26,400 | $6,864 | $2.64 |
| Utah | $xv,780 | $26,300 | $vi,838 | $ii.63 |
| Virginia | $17,100 | $28,500 | $vii,410 | $2.85 |
| Vermont | $17,880 | $29,800 | $7,748 | $two.98 |
| Washington | $fifteen,840 | $26,400 | $6,864 | $2.64 |
| Wisconson | $18,120 | $thirty,200 | $7,852 | $3.02 |
NOTE: These ranges are system prices BEFORE the 26 percentage federal revenue enhancement credit for solar. Additionally, EnergySage does non currently provide quotes in all 50 states, which limits our ability to provide solar console price estimates in each.
In general, states where homeowners demand to employ ac more often take more average electricity used per household. As such, some of the largest solar panel systems are installed in sunny, warm states similar Arizona and Florida. Why does this matter? For solar installers, the larger your system, the less they will usually charge per kilowatt-60 minutes (kWh). It'due south like buying in majority at Costco – you might pay a higher sticker price, simply your per-unit costs are lower when you purchase more at in one case. Nosotros'll dive into this miracle more beneath.
Back to solar panels. In the end, this very roughly translates to lower $/W pricing in warm states and higher $/West pricing in cold states. Merely in the end, total pricing is normally shut to a wash – warm states have a lower price per watt, but larger organization sizes, and cold states have a higher price per watt, only smaller system sizes.
The biggest takeaway from this data isn't that some states are "ameliorate" than others when it comes to solar prices: it'southward that solar is affordable across the board. Nigh every unmarried country falls within a $0.fifty cent margin of the $2.77/Due west national average. Solar isn't only worth it in the regions of the U.s. where costs are extremely low – at that place is a healthy tendency of adoption beyond states without direct correlation to the lowest $/West. For example, New Bailiwick of jersey, Massachusetts, Virginia, and Georgia are all in the acme x solar states in the United States for installed solar capacity, but are higher than the national average for $/W.
Panel make and equipment quality
Some other way to break down solar panel toll information is past the panel brand. The post-obit table was made using data from the EnergySage Marketplace and tracks the average cost of 6 kW and 10 kW solar panel systems past the make of solar panel used in the installation project.
Cost of solar panels by panel manufacturer
| Manufacturer | Solar panel cost: half dozen kw system boilerplate | Solar panel cost: 10 kw system average | 2022 federal tax credit value (for 10 kw organisation) | Average cost per watt ($/Due west) |
|---|---|---|---|---|
| AXITEC | $15,000 | $25,000 | $6,500 | $2.l |
| Aptos Solar | $15,540 | $25,900 | $half dozen,734 | $2.59 |
| Canadian Solar | $17,700 | $29,500 | $7,670 | $two.95 |
| CertainTeed | $16,140 | $26,900 | $6,994 | $2.69 |
| JA Solar | $16,800 | $28,000 | $7,280 | $2.80 |
| Jinko Solar | $fifteen,660 | $26,100 | $half dozen,786 | $two.61 |
| LA Solar | $14,400 | $24,000 | $vi,240 | $ii.twoscore |
| LG Solar | $17,520 | $29,200 | $vii,592 | $2.92 |
| LONGi Solar | $17,580 | $29,300 | $vii,618 | $two.93 |
| Panasonic | $xvi,620 | $27,700 | $7,202 | $2.77 |
| Phono Solar Engineering science Co, Ltd. | $17,640 | $29,400 | $7,644 | $2.94 |
| Q CELLS | $xvi,440 | $27,400 | $7,124 | $ii.74 |
| REC | $16,260 | $27,100 | $7,046 | $ii.71 |
| Silfab Solar | $16,620 | $27,700 | $vii,202 | $2.77 |
| Solaria | $16,500 | $27,500 | $vii,150 | $two.75 |
| SunPower | $xx,580 | $34,300 | $8,918 | $three.43 |
| Suntech | $xiv,940 | $24,900 | $vi,474 | $2.49 |
| Trina Solar | $17,100 | $28,500 | $7,410 | $two.85 |
Note: These ranges are system prices BEFORE the 26 percent federal tax credit for solar.
The price you pay for a solar console make is reflective of panel quality to a degree. For example, systems using SunPower panels see the highest average prices ($twenty,580 for a vi kW system and $34,300 for a 10 kW organization), and SunPower is known for producing well-fabricated, high-efficiency products.
Interestingly, there aren't that many outliers when it comes to make pricing, and most manufacturers generally see similar cost ranges. It'southward important to proceed in heed that when comparison organization prices based on console brands, at that place are and so many factors aside from just panel manufacturer that bear on the last arrangement cost – similar installer feel, location, racking equipment, inverter brand, warranty and more.
Roof characteristics
The characteristics of your home and roof also play a part in your total solar costs. If you accept a south-facing roof that slopes at a xxx-caste angle, installing solar on your home will exist relatively easier for your installer, as they can probably install all of your panels on a single roof aeroplane that has optimal sun exposure (better, more than direct dominicus exposure = fewer panels needed, which will lower your costs). Conversely, if your roof has multiple levels, dormers, or skylights, the additional effort to terminate the installation may include additional equipment and installation costs.
Labor
Another piece of the solar installation puzzle is the company really performing the task. Solar installers charge varying amounts for their services, and the last price they offer for an installation depends on measures like your installer'due south runway record, warranty offerings, and internal operations. You tin can imagine how a well-regarded solar installer with premium warranty offerings can charge more for an installation chore, and it will be worth your money.
EnergySage brings the best solar installers right to yous on our Market place – check out our article on choosing an installer to learn how nosotros vet installers, and how you tin can and should compare them against i another.
Permitting and interconnection
While equipment and labor costs brand up a significant portion of your solar free energy system quote, the price of solar permits and your interconnection fees can besides be a gene. Typically, you will take to obtain a few solar let documents and pay a fee to become your solar energy arrangement connected to the filigree (known every bit "interconnection"). At that place is some exciting work happening in this area to keep the costs and time lag to getting an approved interconnection – the Department of Energy'due south SolarApp+ is trying to brand the interconnection process cheaper and quicker for anybody.
Solar costs over time go on to fall
A solar console system hasn't ever been $2.77/W. As recently as five years agone, the price of solar panels was nearly 13 percent higher than it is now:
While prices are currently quite flat due to supply chain constraints, prices volition likely go along to autumn even more in the hereafter. The solar manufacture is nonetheless young, and at that place'southward enough of innovation (and policy changes) all the same to come. Equally manufacturing and installation processes mature and become fifty-fifty more than efficient, solar shoppers will hopefully get-go to run across some of those price savings impacting their sticker price for solar.
Rebates and incentives: reducing your solar costs
We've been talking virtually factors that add on price to a solar installation, but it's also equally essential to consider the ways you can salve with solar rebates and incentives. Tax credits, greenbacks rebates, operation-based incentives (PBIs), and energy credits are all means you can become money back on a solar installation. The availability of these types of incentives almost always depend on where you live – utilities, cities, and states all usually offer their own solar incentives to people living in their service areas.
The solar taxation credit: solar'southward best incentive
The best incentive for going solar in the land is the federal solar revenue enhancement credit, or the investment tax credit (ITC). This incentive allows you to deduct 26 percent of the cost of installing solar panels from your federal taxes, and there's no cap on its value. For example, a 10 kW system priced at the national boilerplate ($ii.76/West) comes out to $27,600. However, with the ITC, you'd be able to deduct 26 pct of that toll, or $7,176, from your taxes. This essentially reduces the cost of your system to the $20,424 cost tag nosotros highlighted at the kickoff of this article.
How do you pay for a solar panel installation?
In one case yous know the toll of solar for your unique project, it's fourth dimension to decide how yous'll pay for solar. There are three primary ways to finance a solar panel installation: a cash purchase, a solar loan, or a solar lease/power purchase agreement.
By and large, a cash purchase is right for you lot if you're looking to maximize your savings from solar, y'all have plenty tax liability to take advantage of the solar revenue enhancement credit, or you take the funds available to pay for a solar panel system upfront.
A solar loan is correct for you if you don't want to shell out the corporeality of cash required to pay for a solar panel arrangement upfront, you still want the most savings on your electricity bills as possible, and you would like to be eligible for all incentives and rebates.
A solar lease or PPA is right for you lot if you would adopt someone else to monitor and maintain the system, if you aren't eligible for tax incentives, or if you'd just like to reduce and/or lock-in your monthly electricity nib.
The toll of solar later on installation
Information technology'south not talked about equally much, but ane matter to proceed in mind about the cost of a solar console installation is the long-term maintenance associated with it. In full general, solar panels require little to no maintenance over their lifetime, and y'all shouldn't look to vanquish out much money at all once your panels are installed and operational. There'south always the off-chance something happens that's not covered by your warranties, however. You may need to trim trees as they grow, or hire a cleaner if you alive in an area of the country with abnormal air pollution. Learn more than near what y'all could run across mail service-installation in our article about the costs of solar panels after they're installed.
How does a solar console installation piece of work?
Installing solar panels doesn't happen overnight – there's a procedure for what needs to happen to become your panels ready to begin powering your home. From the day yous sign your contract with your installer, it will typically take between ane and three months earlier your solar panels are grid-connected and producing free energy for your home. We've outlined the v-step solar panel installation process below:
1. Choosing and order your equipment
The very first pace in a solar installation is to choose your solar panels and inverters, and ostend with your installer so they can order it all for you. The 2 chief components you'll need to evaluate for your system are solar panels and inverters. Durability, efficiency and aesthetics are the chief factors near homeowners volition use to compare the various brands (other than cost). Acquire more than in our guide to choosing solar equipment.
2. Engineering site visit
Subsequently you lot sign your solar contract, an engineer (likely an employee or sub-contractor of the installer you're working with) will come by your belongings to audit your home and make sure everything is compatible with your new solar system.
During the visit, the engineer will evaluate the condition of your roof to ensure that it's structurally sound. They volition also look at your electrical panel – the greyness box in your basement – to see if yous'll need to upgrade information technology.
3. Permits and documentation
As with whatsoever big fiscal conclusion, installing solar panels involves a lot of paperwork. Luckily, most of this paperwork is dealt with by the installer. They'll assistance y'all apply for solar incentives and fill out any permits and documents you need to legally go solar.
iv. Solar installation: the big solar day
The actual installation is an exciting day for every solar homeowner who wants to rely on renewable free energy as opposed to a utility visitor. There are several individual steps to the actual installation day, including preparing your roof with racking, setting upward wiring, placing panels and inverters, and attaching everything together. The timeline for the installation will range from 1 to three days, completely dependent on the size of the system yous are installing.
5. Approval and interconnection
The concluding step of going solar is "flipping the switch," so to speak, and officially commencing to generate power from your rooftop. Before you can connect your solar panels to the electric filigree, a representative from your town regime volition need to inspect the organization and give approval. During this inspection, the representative volition essentially be double-checking your installer's work. He or she will verify that the electrical wiring was done correctly, the mounting was safely and sturdily attached, and the overall install meets standard electric and roof setback codes.
In conclusion: are solar panels worth it?
At the end of the day, the cost of solar is only every bit important as the return you'll go from installing solar panels. For most homeowners, solar is a worthwhile investment, and yous can "intermission fifty-fifty" in as few every bit 7 or viii years. From that indicate on, you lot're substantially generating free electricity and racking upwards the savings. During those 7 to 8 years, you'll be generating your ain electricity instead of paying for electricity from the grid, and whatever extra electricity you lot produce you might be able to get credit for thanks to net metering policies (depending on where you live).
Of course, simply like the cost of solar panels varies by country, your payback period with solar will as well vary depending on where you live. As a full general dominion, places where electricity is most expensive (California, New York, and Massachusetts, for example) volition pb to the nigh lifetime savings from a solar console system. Check out our article about electricity rates and solar savings for a more in-depth explanation of how this really works.
Y'all can read more almost payback periods and the benefits of solar in our commodity, "Are solar panels worth information technology?". Or, head to our solar calculator for an instant estimate of your savings potential!
Oft asked questions
How much does a single solar panel cost?
A single solar console can price between $200 to $250 depending on factors such equally quality, whether it has monocrystalline or polycrystalline cells, power output, and efficiency rating. The toll of a full solar system, of course, depends on the corporeality of panels you want to apply and the total wattage. To calculate your price per watt, carve up your total pecker past the total number of watts in your system.
What is the cheapest solar panel?
In general, polycrystalline solar panels are the to the lowest degree expensive solar console option. In order to reduce your overall solar panel arrangement costs, you'll want to install a smaller system. Additionally, having a low-complication roof in adept condition will help lower the labor portion of your solar pricing.
What is the well-nigh expensive solar console?
Monocrystalline solar panels from manufacturers like SunPower are usually the most expensive solar panel options. Larger organisation sizes on more complicated roofs will also mostly cost more than.
Starting time your solar journeying on EnergySage
The all-time manner to get the nigh competitive prices for solar is to compare multiple quotes. EnergySage is the nation'southward online Solar Marketplace: when you sign up for a costless account, we connect you with solar companies in your area, who compete for your business concern with custom solar quotes tailored to fit your needs. Over x million people come to EnergySage each year to learn about, shop for, and invest in solar. Sign up today to see how much solar tin save y'all.
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