How Much Does an Average Solar-Panel System Cost?


| 7/29/2016 1:09:13 PM


Tags: solar power, home energy, solar panels, solar financing, home economics, Vikram Aggarwal, Massachusetts,

5kw solar panel system cost

If you’re shopping for a solar energy system, one of your first questions is probably, “how much will it cost?” Prices depend on the size of your system, the type of equipment you choose, and the state that you live in, but reviewing prices for a 5 kilowatt (kW) system is a great place to start – that’s the average system size in the United States. Learn more about how much a 5kW solar system costs, how much electricity a 5kW system will produce, and the smartest way to shop for solar.

What are solar shoppers paying in your state?

We looked at data from the EnergySage Solar Marketplace, the leading comparison-shopping platform for homeowners who are considering home solar panel systems, to find out just how much solar shoppers are paying for 5kW solar energy systems in different states across the U.S.  

The prices listed below have already had the 30 percent federal tax credit for solar deducted. Depending on where you live, you might have additional state or local solar incentives and rebates that reduce the price even more. You may even be able to earn extra income by selling your system’s solar renewable energy certificates (SRECs)

Even if there are no other incentives where you live, comparing multiple offers from solar companies is important to ensure that you’re finding the best deal. Homeowners who register their property on EnergySage save up to 20 percent just by shopping around for the right option for their home. 

5 kW solar system price map




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