5 Kilowatt Solar Panel Cost

5kw on grid solar system.

5 kilowatt solar panel cost. 5kw off grid solar system. Solar systems have ratings based on the electricity produced annually in average conditions. Residential solar panels cost 2 53 to 3 15 per watt with most homeowners spending 2 70 per watt on average before any tax credits or incentives. Is 2 91 per watt 14 550 for a 5 kilowatt system.

Here at solarreviews we are seeing homeowners who search for competitive quotes finding solar panel costs per watt as low as 2 00 in some states although the average remains at 2 60 per watt. Buy the lowest cost 5kw solar kit priced from 1 11 to 2 10 per watt with the latest most powerful solar panels module optimizers or micro inverters. Commercial solar costs 1 83 per watt on average. While cost is not the only factor to consider when buying solar panels for your house the decision to install them is primarily a financial one.

5kw or 5 kilowatts is 5 000 watts of dc direct current power. For home or business save 30 with a solar tax credit. If you select to hire a contractor to install your solar kit you should expect to pay approximately 1 00 per watt for labor wire conduit fittings breakers and other miscellaneous electrical components to complete the solar system installation. As of july 2020 the average cost of solar in the u s.

For a 5 kw kilowatt system which is 5 000 watts you can expect to pay 5 000 for installation. 5kw hybrid solar system. This could produce an estimated 350 to 850 kilowatt hours kwh of alternating current ac power per month assuming at least 5 sun hours per day with the solar array facing south. That means that the total 5kw solar system cost would be 10 767 after the 26 federal itc discount not factoring in any additional state rebates or incentives.