The Cost Of Solar Panels Per Square Foot

One of the more frequently asked questions powerhome solar gets is what s the average cost for a 2 500 square foot home or if it s not 2 500 fill in the blank with the size of your home 1 000.

The cost of solar panels per square foot.

With energy prices on the rise this may be the perfect time to go solar. 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. The national average cost of a solar panel is around 2 98 watt. Some people associate solar power with heat because heat is associated with lots of sunlight but if there s too much heat your solar panels may not work as effectively.

Most homeowners pay between 16 532 and 30 820. Most residential solar panels have power ratings ranging from 250 400 watts considering that range one solar panels can cost between 745 1 192. As you can see there is no exact solar panel cost per square foot. National data september 2020.

Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range. Solar panel cost per square foot 5. Simply enough you can look up your area s solar cost per watt to gauge the price of a solar panel. Until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc.

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 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. Average solar panel cost. With accelerated learning comes mistakes but it is from those mistakes that the most learning about solar panels occurs.

To produce the maximum amount of power per square foot a solar panel has to be well designed to handle temperature spectrum angle and amount of light. In the three scenarios listed above all of the homes were of different sizes yet used the same amount of electricity.