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How expensive are solar panels to install. That cost is before any tax credits. With installation an average residential 5kw size system costs between 3 and 5 per watt according to the cse which results in the 15 000 to 25 000 range. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. Usually range from 11 144 to 14 696 after solar tax credits and the average price per watt for solar panels ranges from 2 51 to 3 31.
The average cost of installed residential solar power systems is currently 2 60 per watt. Solar panels cost 1 77 to 2 20 per watt and solar energy is 0 08 to 0 10 per kwh to produce. Installation of panels for the average 5kw system ranges from 11 100 22 400.
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