Cost Of Installing Solar Panels 5000 Square Foot

The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.

Cost of installing solar panels 5000 square foot.

Installation cost guide no two solar power systems are the same. Average cost to install solar panels is about 18 000 20 000. Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range. Home and the price per watt for solar panels can range from 2 50 to 3 50.

Until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc. Please feel free to fill out the form below or contact powerhome solar at 800 765 2715 and one of our solar representatives will help you determine whether your home qualifies for this program. Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years. Installing a solar panel system costs an average of 23 597 and dropping.

The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house. Installation for the average 5kw system ranges from 11 100 22 400. Residential solar panels are usually sized at 3kw to 8kw and can cost anywhere from 9 255 and 24 552 in total installation costs. The solar panels installed on your home are american made and come with a 30 year warranty with many panels expected to last well beyond that.

They are custom based on the home roof type shading and utility.