The Cost Of Solar Panels Per Square Foot

The national average cost of a solar panel is around 2 98 watt.

The cost of solar panels per square foot. System cost 15 000. As you can see there is no exact solar panel cost per square foot. 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. Solar panel cost per square foot 5.

National data september 2020. 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. 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. On average solar panels run between 2 50 and 3 98 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. Simply enough you can look up your area s solar cost per watt to gauge the price of a solar panel. 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. With energy prices on the rise this may be the perfect time to go solar.

Most residential solar panels have power ratings ranging from 250 400 watts considering that range one solar panels can cost between 745 1 192. In the three scenarios listed above all of the homes were of different sizes yet used the same amount of electricity. Until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc. The cost of solar panels to power your house are 4 to 10 per square foot.

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. Expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range.