Solar panels are unquestionably pricey, costing between $10,000 and $30,000 for most households. 

But, over time, how have these costs changed? What can homeowners do to obtain the most significant value on a new system? At their current price, are solar panels worthwhile? We will answer all of these questions in this blog. 

How much are solar panels these days?

Before subsidies, solar panel installations typically cost between $2.50 and $3.00 per watt. Before any incentives, a typical 6 kilowatt (kW) house installation would cost $15,000–$18,000. 

However, if you have a large home and need a lot of power, a 10 kW solar system would be a better option. A 10-kW system will cost between $25,000 and $30,000. This is the average price before any subsidies. 

On our solar panel cost page, we discuss the expenses in further depth, breaking them down by state, system size, and brand. 

Are you experiencing sticker shock? 

You might have been surprised when you first saw the price of solar panels. This shock is amplified when you learn that home systems in other nations are substantially less expensive. 

Solar panels, on the other hand, are far less expensive now than they were even a few years ago, and they now give a great return on investment in many areas. 

What is the source of such high soft costs? 

Soft expenses account for a significant portion of the entire solar project cost and sometimes shock customers. However, the figure makes sense when one considers the nature of solar panel firms and the jobs they perform. 

Each property is unique, necessitating a unique design and installation. Solar enterprises demand employees with the necessary abilities and credentials. They must also account for profits, overhead expenditures, and marketing costs like any other business.

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