How much does solar cost?

Solar has enjoyed dramatic cost reductions over the years. The national average solar price per watt was $1.38/W as of the first half of 2023, and the cost per kilowatt-hour was $.06-$.08/kWh Quantifying the value of solar to potential customers can be difficult.

How do you evaluate a solar power offer?

Two of the most useful metrics for evaluating the cost and value of a solar power offer are price per watt, measured in dollars per watt of energy ($/W), and 'levelized cost of energy' (LCOE). You can use cost per watt ($/W) to compare solar energy system installation prices and solar power costs.

What is a solar cost calculator?

Our solar cost calculator is a great tool for getting a sense of how much solar costs and how much you can save by going solar. However, every calculator is limited by its assumptions and its results should be taken with a grain of salt.

How much do solar panels cost per square foot?

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.

How do I choose a solar energy system?

There are many things to pay attention to when deciding on a solar energy system. Two of the most useful metrics for evaluating the cost and value of a solar power offer are price per watt, measured in dollars per watt of energy ($/W), and 'levelized cost of energy' (LCOE).

How much does a 5000 watt solar system cost?

A fully installed solar system typically costs $3 to $5 per watt before incentives like the 30% tax credit are applied. Using this measurement, 5,000 Watt solar system (5 kW) would have a gross cost between $15,00 and $25,000. The price per watt for larger and relatively straightforward projects are often within the $3-$4 range.