Hidden Solar Panel Installation Quote Residential Savings Now

Understanding the Cost of Solar Panel Installation

The initial investment for solar panel installation can seem daunting, but it's essential to consider the long-term benefits. On average, the cost of installing solar panels ranges from $15,000 to $25,000, depending on the size and type of system². However, federal tax incentives, such as the Solar Investment Tax Credit (ITC), can significantly reduce these costs. The ITC allows homeowners to deduct 26% of the installation cost from their federal taxes³.