Average Cost To Put Solar Panels On A House

According to gauteng based solar power specialist company nexsolar the cost of solar power installation can range from around r63 000 to r200 000 depending on the size of the house and electrical output requirements.

Average cost to put solar panels on a house.

An 80sqm house for example would require 2kw of power per day and this system would cost approximately r63 000. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. Installation for the average 5kw system ranges from 11 100 22 400.

How does system size impact the cost of solar. That cost is before any tax credits. 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. Until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc.

April 22 2019 how much does it cost to install solar on an average house in the u s. 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. Installing a solar panel system costs an average of 23 597 and dropping. 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.

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years. Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range. 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. The average cost of installed residential solar power systems is currently 2 60 per watt.

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. No two solar power systems are the same. They are custom based on the home roof type shading and utility. Solar panel costs for an average sized installation in the u s.

In california where the average system required is 4 23 kw solarreviews research data shows that the average solar panel installation cost as of jan 2020 is 2 78 per watt meaning the 4 23 kw system would be 11 753 before the solar tax credit and 8 701 after the federal tax credit.