WpThe price of solar panels

How much do solar panels cost?

The price of solar panels changes depending on where you live, but the average for installation is just under $29,000 or $2.75 per watt. On the high end, we talked to a solar customer in Hawaii who spent $100,000 going solar. Dion in Nevada said their 10-kW system cost about $20,000, which is about the national average price for a 7-kW system.

Why do solar panels cost so much?

The cost of solar panels buyers pay is also affected by the local cost of work, the type of roof, license cost, etc. In some states of the US, prices have declined due to great sunshine, like California and Texas, and more competition among solar panel installers.

How much does a solar system cost per watt?

As of publishing, the average cost per watt is $2.84. Most solar companies set the price according to the solar system's wattage. A solar installation's “cost per watt” is a little like the “price per square foot” when you buy a house. It helps compare the value of solar energy systems in different sizes.

How much does a solar panel cost in 2025?

HBOWA residential solar panel systems come with integrated LiFePO₄ storage, offering homeowners access to backup power and long-term reliability. The commercial photovoltaic panels price per watt in 2025 is considerably less per watt than those for residential projects. It averages out to be $1.80 to $2.60/W.