As of 2026, the average cost of residential solar panels in the U. This typically translates to about $2. 50 per watt of installed capacity (more on price per watt below). Global estimates are used before 2010; European market benchmarks thereafter due to limited data availability. Solar photovoltaic module prices refer to the cost of the solar panel itself, and do not include installation or other system. . Solar panels can lower your electricity bill by 75% or more, but the upfront investment is significant. 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. Department of. . This could increase costs by nearly $9,000 for a typical system, making 2025 potentially the last year for maximum savings. Combined with the tax. . Enter your address and the cost of your most recent electric bill Our estimator shows how many solar panels your home needs We generate an online cost and savings estimate You choose how many solar companies send you an exact price by email or text Click on your state for solar panels cost. .
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