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With labor and other factors solar panel installation costs a total of 2 50 to 3 50 per watt.
Cost of solar panels in pa. This is 2 38 per watt. Estimates are based on the average rate of decline. A standard 6 kw residential solar system has dropped from 44 000 down to 15 200 over the past decade not including the federal solar tax credit. On a cost per watt w basis a solar panel installation in pennsylvania ranges in price from 2 57 to 3 47.
As of september 2020 the average solar panel cost in allentown pa is 2 81 w. The most recent official data from the. Solar panel cost data pennsylvania 2020 updated. Solar panel cost in pennsylvania the average cost for an installed residential solar system in pennsylvania is currently 10 558 after claiming the 26 federal solar tax credit.
There are three types common in the residential market. As of september 2020 the average solar panel cost in pennsylvania is 3 02 w given a. As of late 2019 the going rate for these credits was about 24. How much do solar panels cost in pennsylvania.
From pennsylvania data it is shown that the average cost of a solar panel installation ranges from 12 835 to 17 365. National data september 2020. In addition to the pennsylvania solar tax credits home solar systems are designed to last 30 years or longer. Cost of solar panels over time the average cost of solar panels has fallen 65 from 7 34 per watt in 2010 to 2 53 per watt in 2019.
At this rate a 5 kilowatt kw system that generates 5 mwh per year could make an extra 120 per year from selling credits in the srec market. As of sep 2020 the. Pennsylvania solar tax credits the federal solar itc. Given a solar panel system size of 5 kilowatts kw an average solar installation in allentown pa ranges in cost from 11 942 to 16 158 with the average gross price for solar in allentown pa coming in at 14 050.
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