installed solar cost per watt
The cost of a solar electric system is measured in dollars per watt. The average cost for a residential system is currently $3-5 per watt. That means the average 5-kW residential system will cost $15,000-$25,000, prior to tax credits or incentives. A one-time âResidential Renewable Energyâ federal investment tax credit (ITC) is available for residential solar PV systems.
.55 per watt must be the cost to make a panel because energy is measured in Kilo Watt Hours and .55 per kWh would be crazy high. 0.55 per watt must be the production cost because that price is really low. Right now, cheap inefficient panels, (not SC panels) are about $0.90 per watt or greater.