Cost Of 4kw Solar Panel System

The actual price depends on a number of factors but the average cost of a 3kw system in the u s.

Cost of 4kw solar panel system.

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. As of july 2020 the average cost of solar in the u s. How much does a 4kw solar system cost in 2020. What are solar shoppers.

Average solar panel cost. How much does an average 3kw solar system cost. 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. 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. Using this amount we estimate that a 4kw installation costs about 12 000. 4 kw solar panel system cost. Annually a 4kw solar panel system will generate enough electricity to meet the needs of a regular uk family.

A 4kw solar panel system will cost you around 5 000 but if installed by an mcs certified supplier it will save you up to 870 a year. Is 2 91 per watt 11 640 for a 4 kilowatt solar 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. For most people though it s not how much they are willing to pay for a solar pv system but rather how much they can afford to pay.