Solar Photovoltaic Panel Price Comparison

How much does a solar panel installation cost?

The best way to evaluate the price of a solar panel installation is in dollars per watt ($/W). Similar to comparing dollars per square foot when shopping for a home, $/W helps standardize the cost of solar by showing the cost of solar on a per watt basis. Currently, the average price of a solar panel system install in the U.S. is $2.91/W.

How much does a SunPower solar panel cost?

With average project costs of around $24,000 to $29,000, SunPower's panels can be a bit more expensive than many competitors’ products. But you certainly get significant value for your money. SunPower's 0.25% annual degradation rate starting at year two is significantly lower than almost all competitors.

Are solar panels cheaper?

Utility-scale solar installations are now cheaper than all other forms of power generation in many parts of the world and will continue to replace older, dirtier power plants that run on coal and natural gas. Additionally, homeowners are now able to own their power production more cost-effectively than ever before. How much does a solar panel cost?

How much does a 400 watt solar panel cost?

Today’s premium monocrystalline solar panels typically cost between $1 and $1.50 per Watt, putting the price of a single 400-watt solar panel between $400 and $600, depending on how you buy it. Less efficient polycrystalline panels are typically cheaper at $0.75 per watt, putting the price of a 400-watt panel at $300.

How much do Solar shingles cost?

These photovoltaic (PV) materials replace or overlay your current shingles, converting sunlight into electricity. Solar shingles are typically more expensive than standard panels, with costs ranging from $15,000 to $20,000 for an average installation, but they offer a more streamlined look and can increase the value of your home.

How efficient are solar panels?

Most solar panels today have efficiencies ranging from 15% to 20%, but some manufacturers sell panels that exceed 20% efficiency ratings. The cost of a solar panel installation varies by location, property type, and, of course, the panels used for the installation.