As of right now, the average cost of solar panels is about $2.87 per watt. This price has been steadily dropping over the past few years and is expected to continue to do so in the next few years. In 2022, it is estimated that the cost of solar panels will be around $2.50 per watt. This decrease in price is due to a variety of factors, such as advancements in technology and increase in production.
Solar panels have become increasingly popular in recent years as more and more people are looking for ways to save money on their energy bills and be more eco-friendly. Solar panels are a great way to do both of these things, as they allow you to generate your own electricity from the sun – which is free! – and they don’t produce any harmful emissions.
The initial cost of solar panels can be quite high, which deters some people from making the switch. However, with prices dropping year after year, solar panels are becoming increasingly affordable for everyone. And with government incentives available in many countries (such as the US), switching to solar power has never been easier or cheaper!
So if you’re thinking about making the switch to solar power, 2022 might be the perfect time to do it!