Solar panel cost data 2020 updated.
Cost to install solar panels seattle.
September 12 2020 the average cost of installed residential solar power systems is currently 2 60 per watt.
Generally the larger the system the lower the cost per kw installed.
As of sep 2020 the average cost of solar panels in seattle is 2 72 per watt making a typical 6000 watt 6 kw solar system 16 328 before the federal solar credit and 12 083 after claiming the federal solar tax credit.
The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.
This represents an investment of about 24 000 before incentives or taxes.
Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years.
A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.
How long does it take to earn back your initial investment in solar panels.
Installation for the average 5kw system ranges from 11 100 22 400.
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.
Given a solar panel system size of 5 kilowatts kw an average solar installation in washington ranges in cost from 11 688 to 15 812 with the average gross price for solar in washington coming in at 13 750.
Currently in seattle the average residential solar electric system size is 7kw.
As of september 2020 the average solar panel cost in seattle wa is 2 95 w.
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 washington ranges in price from 2 34 to 3 16.
City light net metering and federal tax credits may improve the economics of your investment.
From washington data it is shown that the average cost of a solar panel installation ranges from 11 688 to 15 812.
Installation cost guide no two solar power systems are the same.
Given a solar panel system size of 5 kilowatts kw an average solar installation in seattle wa ranges in cost from 12 538 to 16 962 with the average gross price for solar in seattle wa coming in at 14 750.
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.
As part of net metering eligible customers may opt to participate in meter aggregation.
As of sep 2020 the average cost of solar panels in washington is 2 73 per watt making a typical 6000 watt 6 kw solar system 12 117 after claiming the 26 federal solar tax credit now available.
This is 2 73 per watt.