cost of installing solar panels for home

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In 2024, an average 11 kW solar panel system costs $22,022 upfront including installation costs and the federal solar tax credit (more on that later). This is a hefty price tag, but when you consider how much you otherwise would''ve spent on electricity, it''s easy to understand why millions of homeowners have gone solar.

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Your electric bill, location and tax incentives can impact solar panel costs. Learn how to estimate how much you''ll spend and save by switching to solar at home.

In 2024, the average solar panel cost is $31,558 before factoring in savings from tax credits and solar incentives. Learn more about the cost of solar.

According to our solar experts, solar panels cost about $19,000 to install in the United States, on average. While the price tag seems steep, incentives and payment options help make the cost of going solar easier to manage.

How much does solar panel installation cost? Installation labor accounts for around 5.5% of the total cost of a residential solar project, according to a 2022 report from the National Renewable Energy Laboratory. That amounts to $1,375 for a $25,000 solar project.

Solar panel installation costs a national average of $16,500 for a 6kW solar panel system for a 1,500 square ft. home. The price per watt for solar panels can range from $2.50 to $3.50, and largely depends on the home''s geographical area.

Solar panels cost between [$8,500] and [$30,500] or about [$12,700] on average. The price you''ll pay depends on the number of solar panels and the type you install.

Data from the Lawrence Berkeley National Laboratory shows the average cost of installing solar panels in the US is about $31,558 before incentives. National Renewable Energy Laboratory (NREL)