How much does it cost to install solar panels?

It costs around $30,000 to install solar panels. That's a big number, but incentives usually lower it significantly. The average U.S. solar shopper needs about 11 kilowatts (kW) of home solar to cover their electricity usage.

How much does a commercial solar system cost?

Commercial solar installations are a great way for companies to lower energy costs. Generally, installing solar panels on businesses costs a bit less per watt because the systems are larger, but the total costs will be higher. In 2025, the average cost for commercial solar panels is just about $2.00 per watt.

How much does a home solar system cost?

According to studies by the U.S. Department of Energy, the all-in cost of a home solar panel system is between $2.74 to $3.30 per watt. 1,2,12 This figure includes the solar panels, the installation, and other expenses. Using these numbers, an average-sized 8-kilowatt residential solar system would cost between $21,900 – $26,400.

How much do Solar shingles cost?

Solar panels are the most popular choice for solar energy, but they are not the only option. If your budget allows, solar shingles cost $4 to $14 per watt and look like traditional roof shingles, blending in better with the surroundings and offering a sleeker alternative to standard solar panels. Are solar panels worth it?

Are solar installations cheap?

Solar installations aren't cheap, but the actual equipment is a relatively small part of the total cost. It's only 35% of your total installation cost, according to the US Department of Energy. Soft costs, also known as the hidden costs of installing solar, are nonhardware costs, and they make up 65% of your total solar costs, according to the DOE.

How much does a solar inverter cost?

Inverter: A solar inverter converts the generated DC electricity into AC electricity that can be used to power your home. The cost of an inverter depends on its size and efficiency, but these devices typically cost between $1,000 and $3,000. Mounting system: This is what holds rooftop solar panels in place.