If you have high electricity bills, installing a 12-kilowatt (kW) solar energy system on your home can significantly reduce your monthly costs. To maximize your long-term solar savings, you want to be sure that you get the right price for your solar panel installation. The best way to feel confident about your purchase: compare offers for 12 kW solar systems with the prices offered to other solar shoppers in your area. Find out more about how much a 12 kW solar system costs where you live, the amount of electricity you can expect your 12 kW system to produce, and the smartest way to shop for solar in EnergySage’s guide to 12 kW solar panel systems.
How Much Does a 12kW Solar System Cost in 2018?
As of January 2018, the average cost of solar in the U.S. is $3.14 per watt ($37,680 for a 12 kilowatt system). That means that the total cost for a 12kW solar system would be $26,376 after the 30% Federal ITC discount (not factoring in any additional state rebates or incentives).
12 kW solar panel system cost: What are solar shoppers paying in your state?
We analyzed solar quotes from the EnergySage Solar Marketplace to understand the range of prices that solar shoppers are paying for 12 kW solar energy systems across the United States. Homeowners who use EnergySage shop for the right home solar panel system at the right price by comparing multiple offers from solar installers in their area.
In the table below, you’ll find a range of prices that homeowners have paid for a 12 kW solar energy system in different states. These prices indicate net cost after the 30 percent federal tax credit for solar has been deducted. In some parts of the United States, you may also be able to access solar rebates and incentives from the state government, local government, or utilities that can cut your out-of-pocket solar costs even further. Some states also have a market for solar renewable energy certificates (SRECs), which means you can actually earn additional income by selling the SRECs your system generates.
Even if you live in an area that does not offer additional solar incentives or rebates, reviewing offers from multiple solar companies will ensure that you get the best price for your solar panel system. Homeowners who compare solar offers on the EnergySage Solar Marketplace generally save 20 percent simply by reviewing multiple solar options from different companies.
How much does a 12,000 watt solar system cost in my state?
|State||12 kW solar system price range (2018)|
|Arizona||$20,664 – $24,192|
|California||$23,856 – $30,408|
|Colorado||$23,352 – $29,904|
|Florida||$18,396 – $23,940|
|Massachusetts||$24,528 – $30,744|
|Maryland||$20,664 – $25,536|
|New Jersey||$23,604 – $29,148|
|New York||$24,528 – $32,088|
|Texas||$21,924 – $27,636|
|Washington||$19,908 – $27,300|
These numbers are point of reference for you as you start the solar shopping process for your home. However, there are many factors that can affect the cost of a solar energy system. For example, if you choose high-efficiency equipment or need special accommodations for a complicated roof, your system will cost more. If you receive a quote from a solar company that is significantly higher or lower than the range for a 12 kW solar system in your state, simply ask them for an explanation. A reputable solar installer will be able to walk you through their proposal in detail.
How much electricity will a 12 kW solar system produce?
It should come as no surprise that the amount of sunshine where you live is the most important factor determining how much electricity your solar panels actually produce. For example, if you install a 12 kW solar panel system on your roof in Phoenix, you’ll produce about 25 percent more electricity than if you installed the same system on a roof in Boston. However, that doesn’t mean you have to live in Arizona for solar to be a good option for your home – solar is a smart investment wherever electricity rates are high.
Below is a table with estimated average electricity production numbers for 12 kW solar energy systems in cities across the United States. As a comparison, the average U.S. household uses 911 kilowatt-hours (kWh) a month, a total of 10,932 kWh per year. We developed these estimates using PV Watts.
Solar electricity output of a 12 kW solar panel system in U.S. cities
|City||Average daily kWh||Average monthly kWh||Average annual kWh|
|Las Vegas, NV||57.9||1,759||21,107|
|Los Angeles, CA||52.1||1,583||18,991|
|New York City||41.9||1,274||15,291|
For a more in-depth look at how solar can save you money – no matter where in the country you live – check out the following articles:
- Top 10 Cities for Solar (Hint: They Aren’t the Sunniest)
- What’s the Financial Value of Solar for Residential Customers? (Part 1): Ranking America’s 50 Largest Cities
- What’s the Financial Value of Solar for Residential Customers? (Part 2): Educating the Public on Solar’s Value and their Available Options
Maximize your solar savings when you compare your options
Ready to get started? When you shop for solar through the EnergySage Solar Marketplace, you can review multiple offers from solar companies and find the best offer for your solar installation. The EnergySage Marketplace offers comprehensive, easy-to-understand comparison tables that make it easy to review all of your equipment options and financing offers, as well as solar company reviews. When you compare multiple solar quotes, you can feel confident that you’re making the smartest investment possible for your home.