average cost of solar panels
The bulk of the price of going solar is now the âsoft costsâ (installation, permitting, etc.) rather than the solar panel cost. Again referencing the latest US Solar Market Insight report, the average installed cost of a residential solar panel system was $4.93/watt. However, prices vary tremendously by region. âCommon residential system prices ranged from less than $3.00/W to almost $8.00/W,â the Solar Energy Industries Association writes.