A solar system for a 2,000 square foot house costs, on average, $29,200 before incentives and around $20,500 after the 30% tax credit. That's a rate of $10.32 per square foot of living space. If your home is closer to 1,750 square feet, you can expect the pre-incentive solar system cost to be between $27,500 and $29,200.. The average cost of solar panels in 2024 is $3.67 per watt, totaling $31,558 for a typical 8.6-kilowatt (kW) system. Solar panel cost is measured in dollars per watt, but system size is shown in kW. One kW is equal to 1,000 watts. To estimate the cost of a solar panel system, multiply the price per watt by the size of the system.
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Get Started. Looking at national average pricing data, we found that the cost of owning a 5 kW solar system ranges from $13,250 to $21,000, or from $2.65 to $4.20 per watt, and that's before considering the benefits of any available tax credits or incentives.. Key takeaways. The average solar panel system in 2024 costs about $31,558 before factoring in tax credits and solar incentives. The Residential Clean Energy Credit is part of the Inflation.
