Use our guide on how much solar panels cost based on the most important factors like home size, type, energy usage, and more to see what it will cost
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The average 6-kW residential solar panel installation is $17,852
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of PV in 2024— up 21% y/y. • At the end of 2024, solar was the second-largest source of U.S. generation capacity, though still a growing percentage of the U.S. electric generation mix. • In
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Solar panel costs range from $16,600 to $20,500 for the average 6.5 kW system, but prices can vary from as little as $7,700 for smaller solar systems to upward of $34,700 for larger systems.
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Market analysts routinely monitor and report the average cost of PV systems and components, but more detail is needed to understand the impact of recent and future technology developments on cost.
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Solar panels cost about $21,816 on average when purchased with cash or $26,004 when purchased with a loan for a 7.2 kW system. While that price tag seems steep, the electricity bill savings you get from
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NLR analyzes the total costs associated with installing photovoltaic (PV) systems for residential rooftop, commercial rooftop, and utility-scale ground-mount systems. This work has grown
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The average 6-kW residential solar panel installation is $17,852 before incentives. Learn about cost factors, financing options, tax breaks and more.
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Solar panels are just 12% of the total cost of a solar panel installation. State and local solar incentives can significantly lower the cost of solar for some homeowners.
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Solar photovoltaic module prices refer to the cost of the solar panel itself, and do not include installation or other system components. Prices are compiled from three sources: Nemet
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Solar panel cost by state January, 2026 Click on your state for solar panels cost localized to your city or use the solar calculator above to see the live prices from solar providers near you.
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Solar panels are just 12% of the total cost of a solar panel
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