If you have high electricity bills, installing a 3,000 watt (3 kilowatt) solar energy system on your home can be a great way to significantly reduce your monthly costs. In order to maximize your long-term solar savings, you want to be confident that you’re getting a good price for your solar energy investment. The best way to feel confident about your purchase: compare multiple offers for 3 kW solar systems against the prices that other solar shoppers in your area have been offered. Learn more about the cost of a 3 kW solar system in your area, the amount of electricity you can expect your 3 kW system to produce, and the smartest way to shop for solar in EnergySage’s guide to 3 kW solar panel systems.
How much does a 3kW solar system cost in 2020?
As of January 2020, the average cost of solar in the U.S. is $2.96 per watt ($8,880 for a 3-kilowatt solar system). That means that the total cost for a 3,000 watt (3kW) solar system would be $6,571 after the 26% Federal ITC discount (not factoring in any additional state rebates or incentives).
3kW solar system cost: What are solar shoppers paying in your state?
To understand the range of prices that solar shoppers are paying for 3 kW solar energy systems across the United States, we analyzed solar quotes from the EnergySage Solar Marketplace. EnergySage makes it possible to shop for the right home solar panel system at the right price by comparing multiple offers from solar installers in your area.
The table below has a range of prices that homeowners have paid for a 3 kW solar energy system in different states. These prices indicate the gross cost, which means that the 30 percent federal tax credit for solar has not been deducted. Depending on where you live, you may also be able to access solar rebates and incentives from the state government, local government, or utilities that can reduce 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 without additional solar incentives or rebates, you can ensure that you get the best price for your solar panel system by reviewing offers from multiple solar companies. 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 3 kW system cost in my state?
|State||3 kW solar system price range|
|Arizona||$7,440 – $9,120|
|California||$7,740 – $9,900|
|Colorado||$8,700 – $10,380|
|Florida||$7,200 – $9,120|
|Massachusetts||$8,400 – $10,920|
|Maryland||$7,440 – $9,600|
|New Jersey||$7,620 – $9,660|
|New York||$8,160 – $10,440|
|Texas||$7,560 – $9,180|
|Washington||$6,930 – $9,210|
These numbers can serve as a point of reference for you as you begin the process of shopping for a solar energy system for your home. However, many different factors can affect the cost of your solar energy system. For example, if you choose to install 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 3 kW solar system in your state, simply ask them for an explanation. A reputable solar installer will be happy to walk you through their proposal in detail.
How much electricity will a 3 kW solar system produce?
It should come as no surprise to you that the amount of sunshine where you live is the most important factor that determines just how much electricity your solar panels will produce. For example, if you install a 3 kW solar panel system on your roof in Phoenix, you’ll generate about 25 percent more electricity over the course of a year than if you installed the same system on a roof in Boston. This isn’t to say that you have to live in Arizona for solar to be a good option for your home – if you have a high electricity bill, solar is a smart investment for you.
Below is a table with estimated average electricity production numbers for 3 kW solar energy systems in cities across the United States. As a comparison, the average U.S. household uses 914 kilowatt-hours (kWh) a month, a total of 10,972 kWh per year. We developed these estimates using PV Watts.
Solar electricity output of a 3 kW solar panel system in U.S. cities
|City||Average daily kWh||Average monthly kWh||Average annual kWh|
|Las Vegas, NV||14.5||440||5,275|
|Los Angeles, CA||13.0||396||4,748|
|New York City||10.5||319||3,824|
- 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.