How much do solar panels cost?

For an average 6.5 kW solar system, you’ll spend anywhere from $16,600 to $20,500 before accounting for tax credits or rebates. You can break down the bulk of the cost of your solar panel system by looking at the panels and equipment, labor and permits. Solar panels cost between $0.30 and $0.90 per watt without labor and other fees.

What are the different types of solar panels?

There are many solar panel types on the market. The most efficient and best-performing solar panel is the N-type monocrystalline panel, but it comes at a higher cost than your standard monocrystalline or P-type panel.

How much does a CPV solar system cost?

Concentrated photovoltaic (CPV) panels are $0.80 to $1.10 per watt. While not as well-known as other types of panels, CPV panels are highly efficient and may grow in popularity. A 6 kW solar system would cost $4,800 to $6,600. A single solar cell costs about $0.30 and most panels use 60 or 72 cells. The more cells in a panel, the higher the cost.

How much does a 6 kW solar system cost?

You’ll pay $4,200 to $6,000 to set up a 6 kW system. Concentrated photovoltaic (CPV) panels are $0.80 to $1.10 per watt. While not as well-known as other types of panels, CPV panels are highly efficient and may grow in popularity. A 6 kW solar system would cost $4,800 to $6,600.

Which solar panels are the most expensive?

Among thin-film solar panels, CIGS is the most expensive, followed by CdTe and amorphous silicon. Apart from the lower acquisition cost, thin-film modules can be easier to install thanks to their lighter weight and flexibility, which lowers the cost of labor.

How much do Solar shingles cost?

Some come with waitlists depending on where you live. They are also more expensive than not only standard asphalt shingles, but also compared to more traditional solar panels. On average, the cost of a traditional solar system is about $2.65/W. Conversely, the average cost to install a roof with solar shingles is about $6/W.