Commercial Solar Panel Total Electricity Costs

Larger fixed tilt or one axis tracking utility scale systems greater than 2 mw cost 1 06 per watt on average.
Commercial solar panel total electricity costs. The average cost of commercial solar panels depends on the number of kilowatts you need to cover your energy consumption. When you buy or install a solar photovoltaic pv energy system the price you pay is typically based on the total power output of the solar panels in the system expressed in watts or kilowatts. Since 2010 nrel has benchmarked the full cost of pv systems including. Assuming 5 kilowatts kw per household solar panels cost from 10 045 to 13 475 after tax credits are applied.
Commercial solar cost per watt 1 54 1 56. Commercial solar panel cost. Solar panel cost per watt is now only 2 50 in some states making a 6kw system only 10 500 after claiming the solar tax credit. Nrel analyzes the total costs associated with installing pv systems for residential rooftop commercial rooftop and utility scale ground mount systems.
Power output is an important metric for your home or commercial solar panel system. Before tax credits the gross cost of solar panels averages to 16 800. This work has grown to include cost models for solar plus storage systems. The cost of solar panels is calculated using dollars per watt.
The 2018 average reported by the national renewable energy laboratory is 1 83 per watt. Utility scale solar cost per watt 0 99 1 03. In 2018 the average installation cost for homeowners was between 2 87 and 3 85 per watt. A 10 kw to 2 mw commercial solar panel system costs 1 83 per watt before any tax rebates or incentives.
Drill down to see who s offering the best solar panel prices in your state or city. Therefore if the solar panel output is 250 watts that single panel might cost you 187 50. However if a homeowner is trying to buy one or two panels on their own for a small diy project they will likely pay closer to 1 per watt. Solar companies can typically get a single solar panel at a price of 0 75 per watt.
At 608 200 kwdc this commercial solar system is more than half a megawatt. Channel lumber installed a solar array and nantenergy 120 kw 162 kwh smartstorage energy storage system and was able to reduce its demand charges by 20 enough to shift it down from the industrial tariff to a much lower commercial rate.