How Much Will I Save with Solar Panels? (2026 Guide)
Installing solar panels on a typical American home costs $17,500 to $24,500 before incentives, or about $2.50 to $3.50 per watt for a standard 7 kW system. After applying the 30% federal tax credit, most homeowners pay between $12,250 and $17,150 out of pocket. These numbers represent your starting point, but the real question isn’t what solar costs. It’s how much you’ll save over the life of your system.
Your savings depend on three critical variables: your current electricity rates, how much sunlight your roof receives, and the incentives available in your state. A homeowner in Massachusetts paying high …
