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You hear it in the news, solar panels are becoming more affordable than ever. But if you don’t know the cost to begin with, this means nothing to you. Let’s get into the cost of solar in 2018.
Solar panel prices are determined by the capacity of the system, which generally ranges from 3 kilowatts to 12 kilowatts for residential systems. For an average residential home, we will assume a 5-kilowatt system. In San Francisco, solar costs $3.63 per watt. At this rate, a 5-kilowatt system costs about $18,000. Don’t let this number scare you, San Francisco has your back.