As of 2025, the average cost of residential solar panels in the U.S. is between $15,000 and $25,000 before incentives. This typically translates to about $2.50 to $3.50 per watt of installed capacity (more on price per watt below). The total price depends on your system size, location, roof type, and installer.
Factors like local economic conditions, installation methods, and energy policies all play a role in these price differences. Nationally, the cost of a home solar system is expected to fall between $24,000 and $36,000, with average costs hovering around $3 per watt before incentives. Here’s a snapshot of costs by state:
EnergySage said the lower quoted installation prices largely came from lower equipment costs. Wood Mackenzie reported solar panel prices dropped 30% year-over-year in 2024. Prices may have also lowered due to softened demand, said EnergySage. Residential solar installations declined 31% in 2024.
Residential solar prices are falling lower than ever before, said marketplace operator EnergySage in its biannual solar and storage marketplace report. The median quoted price on its platform reached $2.50 per watt in the second half of 2024, falling 6.4% from the first half of 2024.
Our BESS energy storage systems and photovoltaic foldable container solutions are engineered for reliability, safety, and efficient deployment. All systems include comprehensive monitoring and control systems with remote management capabilities.
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US residential solar stays cheap in the first half of 2025, but tariffs, rates, and policy shifts brought headwinds for contractors.
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The average solar panel cost has declined dramatically over the last decade, and solar systems now offer more value to homeowners than they ever have before
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US residential solar stays cheap in the first half of 2025, but tariffs, rates, and policy shifts brought headwinds for contractors.
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