Solar Power Cost 2025: Real Prices + Tax Credit Deadline
Right now, the national average sits around $2.84 per watt before incentives, though competitive markets can see prices as low as $2.50 per watt. The solar industry uses a
The price of solar panels changes depending on where you live, but the average for installation is just under $29,000 or $2.75 per watt. On the high end, we talked to a solar customer in Hawaii who spent $100,000 going solar. Dion in Nevada said their 10-kW system cost about $20,000, which is about the national average price for a 7-kW system.
Mounting system: This is what holds rooftop solar panels in place. Costs vary depending on the type of solar installation, but it generally costs between 7 and 20 cents per watt. Electrical wiring and hardware: This includes the wiring, switches and circuit breakers required to connect the solar panel system to your home's electrical system.
In 2025, average solar panel costs continue to decrease due to advancements in technology and economies of scale. Prices vary by system type, size, and installation needs. Residential solar panels typically cost between $12,500 and $17,500 for a 5-kilowatt system.
Blue-tinted polycrystalline panels cost less – around $0.95 per watt. They're made from silicon fragments and reach about 16% efficiency. They don't handle heat or shade as well, but for a 6kW system, picking poly over mono could save you about $2,000. Thin-film panels are the budget option at roughly $0.75 per watt.
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