The average american home spent 124 47 a month on electricity in 2019 according to current stats.
Current price for a single solar panel.
Solar companies can typically get a single solar panel at a price of 0 75 per watt.
The most recent official data from the doe funded lawrence berkeley labs published in september 2019 found that the median cost of residential solar panels is 3 70 watt.
Solar energy costs 0 08 to 0 10 per kwh to produce on average depending on your location.
However if a homeowner is trying to buy one or two panels on their own for a small diy project they will likely pay closer to 1 per watt.
Solar panels cost 1 77 to 2 20 per watt and a 6 kw solar panel installation for the average home costs from 10 626 to 13 230 after the 30 federal solar tax credit.
This price will vary if a project requires special adders like ground mounting a main panel upgrade ev charger etc.
Ultimately there are many factors that figure into the price per watt of a solar system but the average cost is typically as low as 2 75 per watt.