California Cost Of Solar Panels

Given a solar panel system size of 5 kilowatts kw an average solar installation in california ranges in cost from 12 708 to 17 192 with the average gross price for solar in california coming in at 14 950.

California cost of solar panels.

How much does the solar panel system cost. This is higher than the average price of residential solar power systems across the united states which is currently 2 60 per watt. How much do solar panels cost in california. While cheap solar panels might feel like the easiest way to save some cash your total 20 year savings will often be higher if you invest in high quality equipment.

Below are cost estimates based on home size. After accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price you ll pay for solar can fall by thousands of dollars. On a cost per watt w basis a solar panel installation in california ranges in price from 2 54 to 3 44. The most recent official data from the doe funded lawrence berkeley labs published in september 2019 found that the median cost of residential solar panels is 3 70 watt.

The easiest way to calculate the average cost of solar panels is to look at its price in dollars per watt w which is relatively consistent across the united states. As of sep 2020 the average cost of solar panels in california is 2 68 per watt making a typical 6000 watt 6 kw solar system 11 877 after claiming the 26 federal solar tax credit now available. As of september 2020 the average solar panel cost in california is 2 99 w. Contents related to the new solar homes partnership program nshp and solar equipment lists sel are relocating from the go solar california website to the nshp webpage and sel webpage.

The california energy commission cec is updating its website for enhanced usability ada compliant accessible content and improved site navigability. Key takeaways about solar panel cost the cost of solar in 2020 is about 12 920 after tax credits 2 91 watt the cost of solar has fallen over 20 over the past 5 years. Installation prices will vary significantly depending on the solar company you choose and the equipment you install. As shown in the above map that price varies by several thousand dollars depending on the region.

The average cost of residential solar installed in california in 2019 was 16 298. These prices are solar installations purchased with a loan or cash they do not apply to leased systems or power purchase agreements. However solarreviews handles more than 1 000 quote requests per day and the current average price we see on our marketplace is 2 60 per watt. However most installers estimate solar costs by the amount of energy needed at 2 53 to 3 15 per watt before any tax credits or incentives.

The average cost of a solar panel installation in california ranges from 12 708 to 17 192.