Cost Of Getting a Home PV Solar Panel System Installed

Many homeowners overlook solar energy due to the weighty upfront costs, which frequently entail getting a roof replacement simultaneously. Compared to a yearly payment of $1,500 for residential electricity bills, a $17,000 to $28,000 upfront investment can seem overwhelming and instantly put people off that do not look any further.

Before calculating the reduction from federal solar tax subsidies, the national average cost per watt installed in 2022 will range between $2.90 and $3.60. The cost per watt differs by company and hinges on the size of the system and the location of your property.

Before the federal solar ITC rebate and other incentives, the whole average expenditure of a complete 6kW household PV solar system installed at $2.80-$3.50 per watt by a local installer ranges between $16,800 and $21,000. But, taking into account the federal tax credit refund of 26 percent through 2022 (22 percent in 2023), the final cost will be between $13,320 and $15,540. Multiple variables could affect the system's final price. 

Luckily for homeowners living down in south Florida like those in Hollywood, Fort Lauderdale, or the surrounding area, a significant benefit to going solar is how much light we get, especially if your property has no obstructions blocking sunlight to the roof, such as trees or tall buildings. 

Click the button below to call us today and find out the details about your property and going solar. 


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