Solar panel costs range from $16,600 to $20,500 for the average 6. . Average price of solar modules, expressed in US dollars per watt, adjusted for inflation. Data source: IRENA (2025); Nemet (2009); Farmer and Lafond (2016) – Learn more about this data Note: Costs are expressed in constant 2024 US$ per watt. Department of. . Most homeowners spend between $12,600 and $33,376 to install a complete residential solar system in 2026, with the national average at $19,873 before incentives. This typically translates to about $2. 50 per watt of installed capacity (more on price per watt below). These projects range from megawatt (MW) to gigawatt (GW) scale, making them the most cost-effective. . Real-time chart of historical daily solar panels prices.
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