Cost Of 4kw Solar Panel System

That means that the total cost for a 4 000 watt 4kw solar system would be 8 614 after the 26 federal itc discount not factoring in any additional state rebates or incentives.

Cost of 4kw solar panel system.

Using this amount we estimate that a 4kw installation costs about 12 000. Is 2 91 per watt 11 640 for a 4 kilowatt solar system. The actual price depends on a number of factors but the average cost of a 3kw system in the u s. How much does a 4kw solar system cost in 2020.

Annually a 4kw solar panel system will generate enough electricity to meet the needs of a regular uk family. How much does an average 3kw solar system cost. Is just around 9 000. What are solar shoppers.

Average solar panel cost. To put these prices into context the cost of solar panels for a 3 bedroom house will be around 5520 6040 as they ll need to install a 3 4kw system to meet the higher electricity demands. The national renewable energy lab studied installation costs for residential solar in 2016 and found the average cost for residential solar to be around 3 per watt. A 4kw solar panel system will cost you around 5 000 but if installed by an mcs certified supplier it will save you up to 870 a year.

However solarreviews handles more than 1 000 quote requests per day and the current average price we see on our marketplace is 2 64 per watt. For most people though it s not how much they are willing to pay for a solar pv system but rather how much they can afford to pay. National data september 2020. 4 kw solar panel system cost.