4 Kw Solar Panel Cost

As of july 2020 the average cost of solar in the u s.

4 kw solar panel cost.

4 kw 4000 watt solar system. 4kw on grid solar system. National data september 2020. 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.

An average consumer 4 kw solar system like this might be all you need to get started then expand your system later. The national renewable energy lab studied installation costs for residential solar in 2016 and found the average cost for residential solar to be around 3 per watt. For a 4 kw kilowatt system which is 4 000 watts you can expect to pay 4 000 for installation. Prices include the federal solar tax credit itc and vary drastically based on the amount of sunlight and type of solar panels installed.

Average solar panel cost. Solar energy cost per kwh. That means that the total cost for a 4 000 watt 4kw solar system would be 8 614 after the 26 federal itc discount not factoring in any additional state rebates or incentives. 4 kw on solar system generate average 16 unit in a day.

Residential solar energy costs 0 08 to 0 10 per kwh on average and commercial or utility scale solar power costs 0 06 to 0 08 per kilowatt hour. Using this amount we estimate that a 4kw installation costs about 12 000.