*Prices are shown after applying the 30% federal tax credit.
As of Apr 2024, the average cost of solar panels in Clements is $2.76 per watt making a typical 6000 watt (6 kW) solar system $11,600 after claiming the 30% federal solar tax credit now available.
This is lower than the average price of residential solar power systems across the United States which is currently $3.00 per watt.
The size of a solar panel system also plays a role in how much the installation will cost.
Larger solar installations will typically have a lower cost per watt, because the panels can be purchased at a ‘bulk price’. However, these larger solar systems will still have a higher total cost, because they are made up of more individual panels.
System size* | Avg cost per watt |
Avg system cost
(After tax credit) show before tax |
---|---|---|
4kW | $3.02 | $8,445 |
5kW | $2.89 | $10,111 |
6kW | $2.76 | $11,600 |
7kW | $2.73 | $13,399 |
8kW | $2.78 | $15,590 |
9kW | $2.68 | $16,885 |
10kW | $2.65 | $18,570 |
Best unit price
$320.00 ($0.96 per watt)
Best system price
Installed 5.0kW system
$12,721.85
($2.53 p/w)
LG335N1K-V5 overview
Rated power
335 watts
Efficiency
19.6
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$562.50 ($1.50 per watt)
Best system price
Installed 4.9kW system
$12,120.18
($2.49 p/w)
LG375A1C-V5 overview
Rated power
375 watts
Efficiency
21.7
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$430.00 ($1.15 per watt)
Best system price
Installed 4.9kW system
$12,919.30
($2.65 p/w)
LG375Q1C-V5 overview
Rated power
375 watts
Efficiency
21.7
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$473.34 ($1.30 per watt)
Best system price
Installed 5.1kW system
$13,231.07
($2.59 p/w)
LG365Q1K-V5 overview
Rated power
365 watts
Efficiency
21.1
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$432.00 ($1.20 per watt)
Best system price
Installed 5.0kW system
$13,276.66
($2.63 p/w)
LG360Q1K-V5 overview
Rated power
360 watts
Efficiency
20.8
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$530.85 ($1.50 per watt)
Best system price
Installed 5.0kW system
$12,386.87
($2.49 p/w)
LG355Q1K-V5 overview
Rated power
355 watts
Efficiency
20.6
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$495.00 ($1.38 per watt)
Best system price
Installed 5.0kW system
$13,091.06
($2.60 p/w)
LG360Q1C-V5 overview
Rated power
360 watts
Efficiency
20.8
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$407.97 ($1.10 per watt)
Best system price
Installed 5.2kW system
$13,159.30
($2.54 p/w)
LG370Q1C-V5 overview
Rated power
370 watts
Efficiency
21.4
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$323.39 ($0.97 per watt)
Best system price
Installed 5.0kW system
$12,691.01
($2.53 p/w)
LG335N1C-V5 overview
Rated power
335 watts
Efficiency
19.6
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$338.19 ($0.99 per watt)
Best system price
Installed 5.1kW system
$0.00
($0.00 p/w)
LG340N1C-V5 overview
Rated power
340 watts
Efficiency
19.8
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$600.00 ($1.83 per watt)
Best system price
Installed 4.9kW system
$12,808.41
($2.61 p/w)
SPR-E20-327-COM overview
Rated power
327 watts
Efficiency
20.4
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$800.00 ($2.22 per watt)
Best system price
Installed 5.0kW system
$13,201.67
($2.62 p/w)
SPR-X22-360 overview
Rated power
360 watts
Efficiency
22.2
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$620.00 ($1.90 per watt)
Best system price
Installed 4.9kW system
$13,703.10
($2.79 p/w)
SPR-E20-327-D-AC overview
Rated power
327 watts
Efficiency
20.4
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$620.00 ($1.90 per watt)
Best system price
Installed 4.9kW system
$13,610.59
($2.77 p/w)
SPR-E20-327 overview
Rated power
327 watts
Efficiency
20.4
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$181.00 ($0.60 per watt)
Best system price
Installed 5.1kW system
$11,003.04
($2.16 p/w)
CS6K-300MS overview
Rated power
300 watts
Efficiency
18.33
Number of Cells
60
Cell type
Monocrystalline
Manufactured
CA
Best unit price
$196.11 ($0.65 per watt)
Best system price
Installed 5.1kW system
$9,948.02
($1.95 p/w)
LR6-60-HPB-300M overview
Rated power
300 watts
Efficiency
18.1
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$172.00 ($0.56 per watt)
Best system price
Installed 4.9kW system
$9,568.53
($1.96 p/w)
LR6-60-HPB-305M overview
Rated power
305 watts
Efficiency
18.4
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$165.00 ($0.53 per watt)
Best system price
Installed 5.0kW system
$9,761.72
($1.97 p/w)
LR6-60-HPB-310M overview
Rated power
310 watts
Efficiency
18.7
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$228.00 ($0.60 per watt)
Best system price
Installed 4.9kW system
$9,579.65
($1.94 p/w)
LR4-60HPH-380M overview
Rated power
380 watts
Efficiency
20.9
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$234.00 ($0.60 per watt)
Best system price
Installed 5.1kW system
$10,126.74
($2.00 p/w)
LR6-72HBD-390M overview
Rated power
390 watts
Efficiency
19.4
Number of Cells
144
Cell type
Mono PERC
Manufactured
CN
4.84 479 Reviews
Steve Small, 14 hours ago
Everything from start to finish went smooth as silk. The installation was done in one day with little to no disruption to our home. The wiring was discrete and well planned out. All of the financial incentives were completed for me and the system is working as advertised.
Read more
Steve Small, 14 hours ago
Everything from start to finish went smooth as silk. The installation was done in one day with little to no disruption to our home. The wiring was discrete and well planned out. All of the financial incentives were completed for me and the system is working as advertised.
4.79 81 Reviews
Bill, 3 weeks ago
Great savings on electric.
Read more
Average cost (5kW system)
$16,500 ($3.30 per watt)
Bill, 3 weeks ago
Great savings on electric.
4.72 33 Reviews
Ground mount in SE MN, over 1 month
I admit, there were only 2 'bidders' for our home project. (1) Solar Connections and (2) me. I really wanted to design and install our own ground mount system myself. But I also knew, from many hours of research, from experience wiring this property and a glowing recommendation from a trusted friend in the power distribution business, that I had better get at least 1 other 'competing' bid. I fully expected that the bid would be too expensive for the size of the system I wanted. But once I saw it and figured what I would have to pay to get comparable hardware (that took me a while), the profit built into the bid seemed very fair. That, coupled with the fact that we are always happy to support local business and their estimated time to get the system up and running was way shorter than the 'preferred vendor... me' we signed up. Super glad we did. The whole process from sales to commissioning was low pressure, informative, VERY flexible given we decided midstream to upgrade some panels to both meet code today and be ready for battery chargers in the near future.
Read more
Average cost (5kW system)
$20,550 ($4.11 per watt)
Ground mount in SE MN, over 1 month
I admit, there were only 2 'bidders' for our home project. (1) Solar Connections and (2) me. I really wanted to design and install our own ground mount system myself. But I also knew, from many hours of research, from experience wiring this property and a glowing recommendation from a trusted friend in the power distribution business, that I had better get at least 1 other 'competing' bid. I fully expected that the bid would be too expensive for the size of the system I wanted. But once I saw it and figured what I would have to pay to get comparable hardware (that took me a while), the profit built into the bid seemed very fair. That, coupled with the fact that we are always happy to support local business and their estimated time to get the system up and running was way shorter than the 'preferred vendor... me' we signed up. Super glad we did. The whole process from sales to commissioning was low pressure, informative, VERY flexible given we decided midstream to upgrade some panels to both meet code today and be ready for battery chargers in the near future.
4.71 26 Reviews
Bryon Hackler, 3 days ago
The whole Centauri team has been good to deal with from sales and answering my hundreds of questions to the guys coming out to install and explain what they’re doing. Have been a pleasure to work with! Now I’m looking forward to seeing how well my solar panels work!
Read more
Bryon Hackler, 3 days ago
The whole Centauri team has been good to deal with from sales and answering my hundreds of questions to the guys coming out to install and explain what they’re doing. Have been a pleasure to work with! Now I’m looking forward to seeing how well my solar panels work!
Power, 4 weeks ago
Installation was smooth as promised.
4.50 1,881 Reviews
Randy, 1 day ago
They updated my electrical box for the solar panel install. The electrician under size range breaker and was called out by inspector. They have sent an electrician out twice to replace this breaker, and both times, no work was completed. I also have a 240v air compressor circuit that has each leg wired to 2 completely separate breakers on different ends of the main panel as this is not a functioning 240v circuit and yet an electrician shows up and reports no work needed to be done. Everything about their response is wrong. For starters, after each electrician visit, there has never been an email stating why no work has been done and won't be able to provide proof of emails sent. 2nd, as an incompetent company, they refused to address the issue verbally they wired my 240v circuit for the air compressor wrong. Their electrician stated they can run new wire to our stove or replace or oven with a 30 amp stove. This is a company that can't honor what their employees are promising and need to get the hell out the way so honorable companies can do right by their customers paying $78k for a job. This place is clearly ran by someone with zero integrity as I have received responses that are flat out lies
Read more
Randy, 1 day ago
They updated my electrical box for the solar panel install. The electrician under size range breaker and was called out by inspector. They have sent an electrician out twice to replace this breaker, and both times, no work was completed. I also have a 240v air compressor circuit that has each leg wired to 2 completely separate breakers on different ends of the main panel as this is not a functioning 240v circuit and yet an electrician shows up and reports no work needed to be done. Everything about their response is wrong. For starters, after each electrician visit, there has never been an email stating why no work has been done and won't be able to provide proof of emails sent. 2nd, as an incompetent company, they refused to address the issue verbally they wired my 240v circuit for the air compressor wrong. Their electrician stated they can run new wire to our stove or replace or oven with a 30 amp stove. This is a company that can't honor what their employees are promising and need to get the hell out the way so honorable companies can do right by their customers paying $78k for a job. This place is clearly ran by someone with zero integrity as I have received responses that are flat out lies
4.42 22 Reviews
Anonymous, over 1 month
Midwest installed an 18.9 kw ground mounted system for us that was an especially challenging set of circumstances. Without going into all the details, let's just say they went above and beyond to do whatever it took to make this work, and stayed at their quoted amount even after a lot of challenges. Top notch organization!
Read more
Anonymous, over 1 month
Midwest installed an 18.9 kw ground mounted system for us that was an especially challenging set of circumstances. Without going into all the details, let's just say they went above and beyond to do whatever it took to make this work, and stayed at their quoted amount even after a lot of challenges. Top notch organization!
4.32 17 Reviews
Wade, over 1 month
Very nice people who you can trust.
Read more
Average cost (5kW system)
$19,050 ($3.81 per watt)
Wade, over 1 month
Very nice people who you can trust.
4.32 14 Reviews
Ann H, over 1 month
REAL Solar was a joy to work with, from initial contact with the office to final commissioning. During project development they made sure I understood what the terms meant and how the system would work; during installation the crew was professional and friendly, and answered all my (many) questions. There was a long lag time between signing the contract and getting on line, but that was expected, and I received regular communication throughout, to keep me informed of the schedule. Whether I needed to talk to the system designer, the project manager, the electrician, or the office manager, I received a quick and knowledgeable response. Our case was unique in that we contracted with REAL Solar in 2022, but didn't get on the install schedule until 2023. During that time, REAL Solar chose not to renew their license in North Dakota, but instead of abandoning me, they contracted with a solar installer in the state to help complete the project - definitely above and beyond! I can't say enough good things about our experience, and I highly recommend the folks at REAL Solar!
Read more
Ann H, over 1 month
REAL Solar was a joy to work with, from initial contact with the office to final commissioning. During project development they made sure I understood what the terms meant and how the system would work; during installation the crew was professional and friendly, and answered all my (many) questions. There was a long lag time between signing the contract and getting on line, but that was expected, and I received regular communication throughout, to keep me informed of the schedule. Whether I needed to talk to the system designer, the project manager, the electrician, or the office manager, I received a quick and knowledgeable response. Our case was unique in that we contracted with REAL Solar in 2022, but didn't get on the install schedule until 2023. During that time, REAL Solar chose not to renew their license in North Dakota, but instead of abandoning me, they contracted with a solar installer in the state to help complete the project - definitely above and beyond! I can't say enough good things about our experience, and I highly recommend the folks at REAL Solar!
Tom Loeffler, over 1 month
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Where there is no specific pricing information available for a brand then we have used state pricing data for that brand.
Solar panel manufacturer | Avg. cost per watt |
---|---|
Canadian Solar | $2.57 |
LG Solar | $3.07 |
SunPower | $3.22 |
Panasonic | $3.11 |
LONGi Solar | $2.48 |
The most important difference between buying solar panels and any other purchase is that solar panels last 25-30 years. This is a long, long time and you will need customer service over all that time. The reviews below of the two largest corporate solar installation companies indicate larger corporate solar companies are not delivering this support to their customers.
We recommend you find a small or mid-size, local, family-owned solar company. These companies tend to care more about you and your specific job. You don't want to be on hold to a corporation's call center for the next 25 years!
The cost of solar doesn't just include the equipment and installation costs - it’s also made up of permitting costs, inspection costs, and installer profit margins.
These different components are what make the price of solar fluctuate between installations. Some of the factors that affect solar power system installation costs for specific homes include:
Homes that use more electricity will need more solar panels to cover their energy needs.
Although solar panels do get cheaper on a per-watt basis, the overall cost of the system will increase as more panels are added.
But, the higher a home’s energy usage, the more solar panels can save the homeowners on their energy bills.
The price of solar panels can vary depending on the type of solar panels you choose.
There are two main types of solar panels for residential solar installations: monocrystalline and polycrystalline. Monocrystalline solar panels tend to be more efficient and more expensive than other solar panels. Polycrystalline panels have a lower efficiency rating and come at a lower price point.
The type of inverter you buy will also influence the cost of your solar system.
You may see some solar quotes with prices that seem too good to be true.
If you get quoted for a ridiculously cheap price, the installer might be using low-quality equipment or an unsustainable pricing model. You want to use a solar installer that is charging enough so that they can stay in business - as you’ll be relying on them for the next 25 years!
It’s important to make sure that your installer is giving you the best quality at the best price possible. This is why getting multiple solar quotes is so important.
The overall cost of solar can be influenced by the solar incentives available.
Across the U.S., homeowners can apply for the federal solar tax credit. The solar tax credit makes installing solar more cost-effective by providing homeowners with a tax credit equal to 30% of the cost of their installed solar panel system.
Local solar tax incentives and rebates can end up saving homeowners thousands on a solar installation, especially when they’re used with the federal solar tax credit.
See what solar incentives are available in your area by using our solar panel calculator.
The cost of installing residential solar panels in Clements varies with the brand of solar panels and inverters you choose, the installation company you choose to install them, the relative ease or difficulty of installing solar panels on your home, and of course the amount of solar panels you need. The amount of solar panels you need is, in turn, related to your energy usage.
The table below shows the data extracted from a real life quote delivered through the SolarReviews marketplace recently for a fairly typical home in Clements.
As you can see the payback period is relatively short and equates to a much better return on investment than he historical returns that have been available from investing in things like shares or property.
System information | Value |
---|---|
System Size (for 100% usage offset) | 10.1 kW |
Annual power generation | 13,113 kWh |
Pay-back time (assuming Cash purchase) | 11.5 Years |
Internal rate of return (IRR) on investment | 2.5% |
Gross cost | $29,537 |
Total Upfront Incentives and Rebates | -$7,681 |
Net Cost of System after rebated and incentives | $21,860 |
Total Cost of Utility Power Avoided over 25 years | $59,279 |