Solar Panel Cost In 2025: It May Be Lower Than You Think
It costs about $30,000 to install solar panels. That''s a big number, but it can save you $27,000 to $110,000 over 25 years.
The price per watt for solar panels can range from $2.50 to $3.50 and largely depends on the home's geographical area. Residential solar panels are usually sized between 3 kW and 8 kW and can cost anywhere from $7,500 to $28,000 in total installation costs. See average solar panel system costs by size (before tax credits or discounts).
Your state's averages matter more than national numbers, and factors like shading, roof complexity, and local incentive programs all play a role in your final price. The average cost of a 12 kW solar panel installation on EnergySage is $29,649 before available incentives.
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. Costs vary depending on the type of solar installation, but it generally costs between 7 and 20 cents per watt.
On the high end, we talked to a solar customer in Hawaii who spent $100,000 going solar. Dion in Nevada said their 10-kW system cost about $20,000, which is about the national average price for a 7-kW system. What else affects solar installation costs?
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