How Much Does A Diy Solar Panel Cost To Make

Rising cost of power and our dependence on electricity calls for some alternative way to produce power at home.

How much does a diy solar panel cost to make.

The average cost of residential solar panel installation in america in 2018 from a reputable and licenses solar company is 3 08 per watt or 18 480 for a standard sized 6kw system. Assuming you perform all of the work by yourself i e. Do it yourself or diy solar panels are the most economical way to produce electricity at home. For the sake of comparison we will start with the standard 60 cell or 72 cell panels that we use by default in our system packages.

How much do solar panels cost in 2020. Which works out to being 1 38 per watt. Installation of panels for the average 5kw system ranges from 11 100 22 400. We looked at the average pv system size throughout the u s aggregated costs throughout multiple priced solar panel manufacturers and inverter manufacturers and realized what the average cost of solar panels are in dollars per watt.

But the true cost of solar panels and whether they ll help you save money depends on a few key factors. How much do you save by doing a diy solar project rather than contracting a full service solar company. For a typical 5 kw 5 000 watt solar panel system that works out to 15 000. However most installers estimate solar costs by the amount of energy needed at 2 53 to 3 15 per watt before any tax credits or incentives.

Let s get right to the good stuff. On average installation and the system together can run between 15 000 and 25 000. Most licensed electricians will charge you 3 000 to 5 000 on average to install your home solar panels. After the 30 solar tax credit this becomes 12 936.

But wait there s more. Here s how much our most popular solar panels cost in 2020. As of july 2019 the average solar panel system cost is 11 059 98. Most of cost you re going to pay an installer is going to significantly decrease the actual amount of savings you will accrue from going the diy route.

Below are cost estimates based on home size. On the other hand you should be able to buy a 5 kw diy solar panel kit for under 2 00 per watt.