However if a homeowner is trying to buy one or two panels on their own for a small diy project they will likely pay closer to 1 per watt.
Current price for a single solar panel.
However solarreviews handles more than 1 000 quote requests per day and the current average price we see on our marketplace is 2 60 per watt.
This price will vary if a project requires special adders like ground mounting a main panel upgrade ev charger etc.
The average american home spent 124 47 a month on electricity in 2019 according to current stats.
Ultimately there are many factors that figure into the price per watt of a solar system but the average cost is typically as low as 2 75 per watt.
The most recent official data from the doe funded lawrence berkeley labs published in september 2019 found that the median cost of residential solar panels is 3 70 watt.
Solar panels may require an upfront investment but they can save you money over the course of.
Therefore if the solar panel output is 250 watts that single panel might cost you 187 50.