Solar panels typically cost $12,400 to $37,200, with a national average of $24,800 for an 8kW system. However, every home has different production needs based on its size and location, and total system costs are influenced by an array of other factors. Data source: IRENA (2025); Nemet (2009); Farmer and Lafond (2016) – Learn more about this data Note: Costs are expressed in constant 2024 US$ per watt. Using the figure above, a solar installation costs about $9,971, or $14,259 before the federal solar tax credit of 0. This guide will brief you on what is the actual photovoltaic panels price in 2025 for households or business uses. This dashboard provides an overview on the latest Solar PV costs.