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A solar panel installation ranges in cost depending on a number of factors, including your state, equipment brand, and your personal energy use. That all brings us to a key question: how much do solar panels cost? What range of costs should you expect to see in quotes for a solar panel system?
Key takeaways about solar panel cost
Solar panel costs for a 10 kilowatt kW installation in the U. Prices can vary significantly depending on where you live. There are a number of reasons, but one important influencer to keep in mind is system size. In general, states where homeowners need to use air conditioning more often have more average electricity used per household. As such, some of the largest solar panel systems are installed in sunny, warm states like Arizona and Florida. Why does this matter?
Solar panel cost in 2021: the highlights
For solar installers, the larger your system, the less they will usually charge per kilowatt-hour. Back to solar panels. Their energy needs are just too different. An additional takeaway is that many of the top 10 solar states in the U. Here are some key points to keep cosg mind:.
Another way to break down solar panel price data is by the brand of panel. The following table was made using data from the EnergySage Solar Marketplace and tracks the average cost of 6kw and 10kw here panel systems by the brand of solar panel used in the installation project. The price you pay for a solar panel brand is reflective of panel quality to a degree. Not how much does matchmaking cost solar panels or inverters or batteries are created equal, and more efficient equipment comes with a higher price tag. Typically, you will have to pay a fee to get your solar energy system connected to the grid.
Conversely, if your roof has multiple levels, dormers, or skylights, the additional effort to finish the installation may bring slight additional costs.
Luckily, this is a cost you can control: by using an online comparison-shopping platform like the EnergySage Solar Marketplace, you can lower the costs your installer would otherwise incur by trying to market to you. Of course, just like the cost of solar panels varies by state, your payback with solar will also vary depending on where you live. As a general rule, places where electricity is most expensive California, New York, Massachusetts for example will lead to the most lifetime savings from a solar panel system.
Check out our ho about electricity rates and solar savings for a more in-depth explanation of how this actually works. Or, head to our solar calculator for an instant estimate of your savings potential! I was given a quote for system size Is this worth it at all. It seems very expensive.]
It not absolutely approaches me.