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What is the cost of a typical residential PV system?

April 26, 2017COST PV Residential system

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What is the cost of a typical residential PV system?

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Costs of residential photovoltaic systems will vary from site to site. According to CanSIA, the average cost for a PV panel dropped from $11.09/watt in 1999 to $5.36/watt in 2006 (a 50% drop in just seven years). Total cost of an installed system can amount to between $10 and $15 per watt. The overall cost can range from $10,000 to $15,000 for the first kW. Price per installed watt will generally drop in the 2 – 3 kW range. Contact CANADIAN SOLAR SOLUTIONS to learn more. If you are interested in a photovoltaic system for your business, visit the Commercial section of this site for more information.