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For those looking for a range for the cost of panels it will run from as low as 0 85 per watt to 1 25 per watt with output ranging from 150w to 350w for a typical solar panel. Just remember that it s a subjective number and feel free to ask your solar company how they calculate solar energy cost per kwh. The tariff is cheaper than new coal natural gas nuclear etc power plants for base load application. In california where the average system required is 4 23 kw solarreviews research data shows that the average solar panel installation cost as of jan 2020 is 2 78 per watt meaning the 4 23 kw system would be 11 753 before the solar tax credit and 8 701 after the federal tax credit.

In may 2020 the discovered first year tariff in india is 2 90 4 1 us per kwh with 3 60 5 0 us per kwh levelized tariff for round the clock power supply from hybrid renewable power plants with energy storage. Prices include the federal solar tax credit itc and vary drastically based on the amount of sunlight and type of solar panels installed. Residential solar energy costs 0 08 to 0 10 per kwh on average and commercial or utility scale solar power costs 0 06 to 0 08 per kilowatt hour. The solar energy cost per kwh can also help you compare two system proposals because two systems of the same kw size could produce different total kwh because of design choices.

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