What is the right price for solar panel installation costs?
The editorial team at SolarReviews believes that a reasonable price for a professionally installed solar system in 2023 is between $2.60 and $3.20 per watt.
If you're being charged more than that, there may be better offers available. However, if you're paying less than $2.60 per watt for your electricity, you could be at risk of getting a low-quality installation or substandard customer service. Not only that, but a solar company charging such a low price may not make enough money from the sale to provide you with the customer support you need for the 25-year life of your solar panels.
Above all, you want to choose a reputable solar company that has been around for a long time.
Solar Battery Costs.
Adding energy storage to your solar power system will add at least $10,000 to the cost of the installation. That's a significant amount of money, but the good news is that solar batteries are eligible for solar tax credits, and you may even qualify for additional battery incentives in your state.
The average cost of a solar panel system with battery storage is $20,000 when you consider federal tax credits. The actual cost of installing batteries will vary depending on the battery manufacturer and how many batteries you choose to install.
Despite being expensive, solar batteries such as the Tesla Powerwall and LG Chem are becoming increasingly popular as widespread power outages are now more common than ever. Batteries are also becoming a popular add-on in timeshare areas, as they allow homeowners to save more on their electric bills.
But for most homeowners, solar batteries are more of a luxury than a necessity.
How can you find the right solar installer?
At SolarReviews, we recommend choosing a local reputable solar installer. Typically, you'll want the installer to meet the following requirements:
Been in business for more than 5 years.
Employs their own installers.
Has 15 to 20 employees.
At least one NABCEP-certified installer keeps in mind, however, that you also want to make sure that the company is charging a fair price for their services. If it's too cheap, you may have to worry about poor-quality installation or poor-quality equipment. If it's too expensive, you may be paying extra premiums for benefits that don't come with the extras.
You need to find a satisfactory middle ground with consistent pricing from a trusted company that uses high-quality materials. The best way to connect with a company in your area is to use our state-of-the-art solar calculator, which not only provides detailed cost and savings estimates based on your specific home but also puts you in touch with one of our vetted solar installers.
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