Cost Of 4kw Solar Panel System

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.

Cost of 4kw solar panel system.

To put these prices into context the cost of solar panels for a 3 bedroom house will be around 5520 6040 as they ll need to install a 3 4kw system to meet the higher electricity demands. As of july 2020 the average cost of solar in the u s. Average solar panel cost. Using this amount we estimate that a 4kw installation costs about 12 000.

4 kw solar panel system cost. How much does a 4kw solar system cost in 2020. What are solar shoppers. Is 2 91 per watt 11 640 for a 4 kilowatt solar system.

National data september 2020. How much does an average 3kw solar system cost. 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. The actual price depends on a number of factors but the average cost of a 3kw system in the u s.

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. Since it s on the smaller end of the scale in terms of size and output a 3kw system is one of the cheaper ones you can buy. Is just around 9 000. However solarreviews handles more than 1 000 quote requests per day and the current average price we see on our marketplace is 2 64 per watt.