Price For Commercial Grade Solar Panels

Each large watt solar panel is matched with a grid tie inverter which converts dc power from the panels to ac power.

Price for commercial grade solar panels.

Commercial prices for solar have decreased 58 since 2012. A 10 kw to 2 mw commercial solar panel system costs 1 83 per watt before any tax rebates or incentives. These inverters range in power levels to serve various types of commercial. Sma fronius solaredge pv powered schneider electric and ge.

However recent policy decisions suggest we may be nearing the bottom of that downward trajectory. My assumption will be for the all in cost per of solar per watt is 1 75 for this commercial solar system. The federal investment tax credit itc for solar is equal to 30 of the amount invested in an eligible installation e g if you invest 100 000 in solar you could receive a 30 000. Commercial solar systems are those which provide power for commercial buildings and applications such as remote traffic controls telecommunications oil and gas industries and municipal facilities.

Businesses recover about 45 percent of solar panels costs within the first year through tax credits and rebate programs. Commercial solar cost per watt 1 54 1 56. According to the solar energy industries association the average price of a commercial solar pv project in the u s. At 608 200 kwdc this commercial solar system is more than half a megawatt.

Commercial solar installation costs for small and mid sized businesses range from 43 000 for a 25 kw system up to 175 000 for a 100 kw system. Larger fixed tilt or one axis tracking utility scale systems greater than 2 mw cost 1 06 per watt on average. Utility scale solar cost per watt 0 99 1 03.