How Much Do Solar Panels Cost? (Jan 2026)
A study by the Department of Energy''s Lawrence Berkeley Laboratory found homes with solar panels sold for an average cost of around $15,000 more than comparable homes
This means most full-size systems of between 20 and 30 panels cost between $24,000 and $36,000. In this guide, we break down everything you need to know, from the average cost of solar panels and installation to the factors that affect pricing and potential savings over time.
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.
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. What else affects solar installation costs?
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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