Solar system home prices

How much does a solar panel cost?

Some municipalities also add special inspection or net metering setup fees. Panel selection creates subtle cost differences. Standard monocrystalline panels in 2025 cost around $0.80–$1.00 per watt, while polycrystalline panels average $0.60–$0.75 per watt.

Do solar panels cost more?

A larger system generates more electricity but comes with a higher price tag. For instance, a family of four in a spacious home might need a 6 kilowatt (kW) system, while a single person in an apartment could manage with much less. Your setup should be as unique as your home and lifestyle. The more kW you need, the higher the solar panel costs.

How much does solar cost per watt?

The industry standard measurement for comparing solar costs is price per watt ($/W). According to the National Renewable Energy Laboratory’s Spring 2025 Solar Industry Update, residential solar costs average around $2.56 per watt before incentives, with most systems ranging from $2.56 to $3.03 per watt. Factors affecting cost per watt include:

How much will solar cost in 2025?

This could increase costs by nearly $9,000 for a typical system, making 2025 potentially the last year for maximum savings. Historic Low Pricing: Solar costs have reached all-time lows at $2.56 per watt on average, with systems ranging from $20,000-$30,000 before incentives.