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The average price was around $3. 20/W in 2020. In 2023, it fell to the value $2. 70/W due to the improvements in efficiency, mass production, and a recovering a supply chain. 80/W, and the commercial systems price is around. . IRENA presents solar photovoltaic module prices for a number of different technologies. Here we use the average yearly price for technologies 'Thin film a-Si/u-Si or Global Price Index (from Q4 2013)'. This data is expressed in US dollars per watt, adjusted for inflation. IRENA (2025); Nemet. . Most homeowners spend between $12,600 and $33,376 to install a complete residential solar system in 2025, with the national average at $19,873 before incentives. Your actual cost depends on your home's energy needs, roof characteristics, location and other factors, all of which we'll break down in. . Our estimator shows how many solar panels your home needs We generate an online cost and savings estimate You choose how many solar companies send you an exact price by email or text Click on your state for solar panels cost localized to your city or use the solar calculator above to see the live. . Solar panel installation costs a national average of $18,180 for a 6kW solar panel system for a 1,500 square ft. 50 and largely depends on the home's geographical area. Residential solar panels are usually sized between 3 kW and 8. . Hard costs involve the cost of the solar panels, solar inverters, solar batteries, racking systems, and electrical components. Soft costs involve labor, permitting, engineering, transportation, and sales margins. These indirect costs encompass a significant part of the final billing. For. . In 2025, the average cost of solar panel installations in the U. is about USD 2. 84 per watt. This means a 4 kW system costs roughly USD 11,360, and a 10 kW system costs about USD 28,400 before tax credits.