How Much Does A 3kw Solar Panel System Cost

In most states the cost runs between 2 80 and 3 10 per watt for a 3kw system.

How much does a 3kw solar panel system cost.

A smart 3kw solar system powered by enphase is around 300 more expensive and we also recommend looking at high efficiency solar panels from lg solar. If you have high electricity bills installing solar panels to produce your own power is an investment that will pay off in just a few years. 3 4kwp solar panel system will cost between 5 000 and 8 000. 8 kw solar panel system cost.

As of january 2020 the average cost of solar in the u s. How much energy is produced by a 3kw solar system. Microinverter optimiser cost if you want a good quality microinverter or optimiser system installed expect to add around 20 in cost to the above price ranges. The average cost of installed residential solar power systems is currently 2 60 per watt a typical 6kw system costs 11 544 after claiming the 26 solar tax credit.

That means that the total cost for an 8kw solar system would be 17 227 after the 26 federal itc discount not factoring in any additional state rebates or incentives. Is 2 91 per watt 23 280 for an 8 kilowatt system. What are solar shoppers paying in your state. To summarise if you live in a three bedroom house then a sufficient i e.

That means that the total cost for a 3 000 watt 3kw solar system would be 6 460 after the 26 federal itc discount not factoring in any additional state rebates or incentives. How much does an 8kw solar system cost. The cost of a 3kw solar system varies a lot depending on the brands with the price of a good quality solar system starting from around 4 500 5 500 fully installed. Note that the above assumes the use of 300w solar panels so the final solar panel capacity may be a little more or less than the figures mentioned above.

As of july 2020 the average cost of solar in the u s. It s a sizeable investment but once it s on your roof you ll see your energy bills drop by up to 50 and a smart export guarantee income will start coming in. Does the cost for a 3kw solar system vary by state. However it can get as low as 2 60 in oregon or as high as 3 82 in hawaii.

Solar panel cost data 2020 updated. With a standard solar energy system the economics are fairly easy to understand. How much does a 3kw solar system cost.