Cost Of Solar Panels In Washington State

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.

Cost of solar panels in washington state.

How does system size impact the cost of solar. 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 cost in washington. Solar panel costs for an average sized installation in the u s.

Solar panel cost data seattle 2020 updated. 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. On a cost per watt w basis a solar panel installation in washington ranges in price from 2 34 to 3 16. 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. Usually range from 11 144 to 14 696 after solar tax credits and the average price per watt for solar panels ranges from 2 51 to 3 31. Solar panel cost data washington 2020 updated. 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.

What range of costs should you expect to see in quotes for a solar panel system. This is 2 73 per watt. National data september 2020. Solar panel cost in 2020.

The average cost for an installed residential solar system in washington is currently 12 117 after claiming the 26 federal solar tax credit. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. 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. Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8.

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. Washington state department of commerce energy efficiency and solar grants. 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. 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.