How much do two solar panels cost? | NenPower
When evaluating the cost of two solar panels specifically, the average expenditure for quality panels can range from $1,000 to $3,000.
According to studies by the U.S. Department of Energy, the all-in cost of a home solar panel system is between $2.74 to $3.30 per watt. 1,2,12 This figure includes the solar panels, the installation, and other expenses. Using these numbers, an average-sized 8-kilowatt residential solar system would cost between $21,900 – $26,400.
Solar installations aren't cheap, but the actual equipment is a relatively small part of the total cost. It's only 35% of your total installation cost, according to the US Department of Energy. Soft costs, also known as the hidden costs of installing solar, are nonhardware costs, and they make up 65% of your total solar costs, according to the DOE.
Solar panel installation costs depend on your home's size, energy needs, roof structure, and location. You can estimate around $10 to $15 per square foot of living space for solar panel installation. Keep in mind, this estimate doesn't account for tax credits or local incentives, which can significantly reduce your final cost.
What's the cost of solar panels for a 3-bedroom house? The average pre-incentive cost of home solar is $29,161 for a three-bedroom house, or $20,412 after claiming the 30% tax credit.
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