Cost Of Solar Panels In Washington State

The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.

Cost of solar panels in washington state.

This is higher than the average price of residential solar power systems across the united states which is currently 2 64 per watt. Solar panel costs for an average sized installation in the u s. Average solar panel cost. As of september 2020 the average solar panel cost in washington is 2 75 w given a solar panel system size of 5 kilowatts kw an average solar installation in washington ranges in cost from 11 688 to 15 812 with the average gross price for solar in washington coming in at 13 750 after accounting for the 26 federal investment tax credit itc and other state and local solar incentives.

National data september 2020. As of sep 2020 the average cost of solar panels in washington is 2 73 per watt making a typical 6000 watt 6 kw solar system 12 117 after claiming the 26 federal solar tax credit now available. What range of costs should you expect to see in quotes for a solar panel system. On average the payback period for installing a solar energy system is about 9 4 years and the average 20 year savings are over 17 600.

Energy efficiency and solar grant funds projects result in energy and operational cost savings at state public higher education institutions local government facilities state agencies and kindergarten through 12th grade k 12 public school districts. The average cost for an installed residential solar system in washington is currently 12 117 after claiming the 26 federal solar tax credit. As of sep 2020 the average cost of solar panels in seattle is 2 72 per watt making a typical 6000 watt 6 kw solar system 12 083 after claiming the 26 federal solar tax credit now available. How does system size impact the cost of solar.

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8. Washington state department of commerce energy efficiency and solar grants. 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. The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house.

On a cost per watt w basis a solar panel installation in washington ranges in price from 2 34 to 3 16. Solar panel cost in washington. The average gross cost of installing a standard 5kw solar energy system in washington is just over 14 000 although with various incentives applied this cost can drop dramatically. From washington data it is shown that the average cost of a solar panel installation ranges from 11 688 to 15 812.

This is higher than the average price of residential solar power systems across the united states which is currently 2 64 per watt. This is 2 73 per watt. Solar panel cost data washington 2020 updated. 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.