US residential solar · 2026 data

Solar Cost for a 1,700 sq ft Home

SAVE

$0+

Over 25 Years

$14,100 Cost after ITC
11.0 yrs Payback
6.7 kW System size

Most homeowners need:

  • 15–20 panels
  • 6.7 kW system
  • $14,100 after tax credits
  • 11.0 year payback
✓ Updated monthly ✓ NREL data ✓ Reviewed by solar experts ✓ IRS tax credit included
· 7 min read ·By ·Reviewed by Green Energy Calculators Editorial Team

Without solar vs with solar

25-year cost comparison for a $300/month US electric bill.

Without solar

25-year utility cost

$53,800

Rates rise ~3% per year (EIA avg.)

With solar

Net system cost

$14,100

After 30% federal ITC

Your savings

Difference

+$39,700

Estimated lifetime advantage

500,000+
calculations completed
25,000+
users monthly

Trusted by US homeowners · Data sourced from

NREL EIA Energy.gov DSIRE IRS / SEIA
Author Mark Sullivan
Reviewed by Green Energy Calculators Editorial Team
Last updated
Sizing formula kW = Annual kWh ÷ (Peak Sun Hours × 365 × 0.82)

Installing solar panels on a 1,700 sq ft home costs $14,000 to $20,000 before incentives in 2026, or roughly $2.80 to $3.20 per watt installed. After applying the federal 30% Investment Tax Credit (ITC), that range drops to approximately $9,800 to $14,000 — and many homeowners in high-sun states see total out-of-pocket costs even lower once state rebates stack on top. For a home this size, most households in the US need a 6 kW to 9 kW system, depending on local electricity rates, appliance loads, and roof orientation.

Three variables move that number more than anything else: your average monthly kWh consumption, your state’s peak sun hours, and whether you add battery storage. A home in Phoenix averaging 1,100 kWh/month needs a meaningfully different system than the same-sized home in Seattle averaging 800 kWh/month. The sections below walk through each driver so you can estimate your real cost — not just the national average.

How Much Do Solar Panels Cost for a 1,700 sq ft Home?

For a 1,700 sq ft house with average US energy consumption, the most common system size is 7 kW to 8 kW. At the national average installed price of $3.00 per watt reported by NREL’s 2025 Residential Solar Cost Benchmark, that puts the gross cost at $21,000 to $24,000 for an 8 kW system — though competitive quotes in 2026 often land closer to $2.70–$2.90 per watt, bringing a 7 kW system to roughly $18,900 to $20,300.

The federal Solar Investment Tax Credit cuts 30% off your federal tax liability in the year you install. On a $19,000 system, that’s a $5,700 credit, reducing your effective cost to $13,300. This is a tax credit, not a rebate — you need sufficient federal tax liability to capture it in a single year, though it can be carried forward to the following tax year.

A common question is why solar quotes vary so widely between installers. The answer lies in component specs: a quote using tier-1 monocrystalline panels with microinverters will run $2,000–$4,000 more than one using budget panels with a string inverter, even at identical system size. Here’s what goes into the installed price:

Solar Panel Cost Breakdown — 7 kW Residential System (2026)

Cost ComponentTypical ShareDollar Range (7 kW)
Solar panels30–35%$5,700–$6,650
Inverter(s)10–12%$1,900–$2,280
Labor & installation25–30%$4,750–$5,700
Permits & inspections5–8%$950–$1,520
Wiring, racking, misc.10–15%$1,900–$2,850
Total (before ITC)$19,000–$21,000

Monocrystalline panels — the dominant residential choice in 2026 — carry higher efficiency (20–23%) and longer warranties (25 years) than older polycrystalline options. String inverters are cheapest; microinverters add $800–$1,500 but give panel-level monitoring and shade tolerance. Use our solar system size calculator to model the exact kilowatt capacity your home needs before you request quotes.

Horizontal bar chart showing five solar installation cost components for a 7 kW system in 2026
Solar panel cost breakdown for a 7 kW residential system (2026). Labor and panels together account for more than 55% of installed price. Source: NREL 2025 Residential Solar Cost Benchmark.

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Solar vs utility company · 25-year comparison

Total cost of staying on the grid vs owning solar for a $300/month bill (national average assumptions).

Total utility payments

$53,800

Total solar cost (after ITC)

$14,100

Net savings

+$39,700

Avg. monthly difference

+$107/mo

See my savings →

Solar Panel Cost by System Size for a 1,700 sq ft House

The right system size depends on how much electricity your home actually uses — not just square footage. According to the U.S. Energy Information Administration, the average US home uses about 10,500 kWh per year, but a 1,700 sq ft home with efficient appliances might use 8,000–9,500 kWh, while one with electric heat or a pool could exceed 14,000 kWh.

Use this formula as a starting point:

System size (kW) = Annual kWh ÷ (Peak Sun Hours × 365)

For a home using 9,500 kWh/year in a state with 4.5 peak sun hours daily: 9,500 ÷ (4.5 × 365) = 5.8 kW — round up to a 6 kW system.

Solar System Size vs. Cost After 30% ITC (2026)

System SizeGross CostAfter 30% ITCBest For
5 kW$13,500–$16,000$9,450–$11,200Low-use home, high-sun state
6 kW$16,200–$18,600$11,340–$13,020Average US home, South/Southwest
7 kW$18,900–$21,700$13,230–$15,190Average US home, Midwest/Mid-Atlantic
8 kW$21,600–$24,800$15,120–$17,360Higher use, Northeast, or EV charging
9 kW$24,300–$27,900$17,010–$19,530High use, cold climate, battery prep

Homeowners adding an EV charger or planning to electrify heating should size up by at least 15–20% to avoid under-producing. Panel degradation also matters at sizing time: at 0.5–0.7% annual output loss per NREL data, a system producing 10,000 kWh in year 1 will produce roughly 8,700 kWh in year 25 — so slightly oversizing recovers for that loss over the warranty period. Our solar savings calculator lets you enter your actual utility bill and location to estimate the right capacity and first-year savings.

Solar Panel Cost After the 2026 Federal Tax Credit and State Incentives

The federal ITC remains at 30% through 2032 under the Inflation Reduction Act. On a $20,000 system, that’s a $6,000 reduction in federal taxes owed. SEIA projects this credit will continue to drive installations through the decade, with residential solar capacity growing 14% year-over-year in 2025.

Beyond the federal credit, state and utility incentives vary widely and can reduce net cost by an additional 5–20%:

  • California (/states/ca/): Net Energy Metering 3.0 now exports energy at reduced rates, making self-consumption more valuable. Select CPUC-regulated utility programs add $500–$1,000 in upfront rebates.
  • New York (/states/ny/): The NY-Sun Megawatt Block incentive pays $0.20–$0.40/W; combined with the federal ITC, effective cost can drop 40–45% below gross price.
  • Texas (/states/tx/): No state income tax means the ITC applies only to federal liability, but many utilities offer property tax exemptions on solar equipment and net metering programs.
  • Florida (/states/fl/): Solar equipment is exempt from the state’s 6% sales tax, saving $840–$1,200 on an average system.
  • Massachusetts (/states/ma/): The SMART program pays a per-kWh incentive for 10 years, often worth $2,000–$4,000 over the program term.

A question homeowners frequently ask is whether solar is worth it without net metering. In states where net metering has been reduced — like California under NEM 3.0 — the answer shifts toward self-consumption: pairing solar with a battery storage system or time-shifting loads to daytime hours recovers much of the lost export value. DSIRE tracks all active state incentive programs and is updated regularly — always verify current availability before signing a contract. Use our solar tax credit calculator to model the combined federal and state impact on your net cost.

How Long Does Solar Payback Take for a 1,700 sq ft Home?

Payback period is the number of years before cumulative savings equal your net system cost. For a 7 kW system at $19,000 gross ($13,300 after ITC), saving $1,400/year in electricity at $0.14/kWh average retail rate, payback takes roughly 9.5 years. In high-rate states like California or Massachusetts — where retail electricity averages $0.25–$0.32/kWh — the same system pays back in 6–7 years.

After payback, a well-maintained system generates effectively free electricity for its remaining life. Most tier-1 panels carry a 25-year performance warranty and degrade only 0.5–0.7% per year. A solar loan changes the math: a $13,300 loan at 6.99% over 12 years adds roughly $3,100 in interest, extending true payback to about 12 years and reducing 25-year net savings by the same amount.

Line chart showing cumulative solar cash flow over 25 years with break-even around year 10
25-year cumulative cash flow for a 7 kW solar system after the 30% ITC. Break-even occurs around year 10 at average US electricity rates. Source: NREL, EIA 2026.

A cash purchase maximizes long-term return by eliminating interest entirely. Our solar payback calculator models your specific break-even year based on your utility rate, location, and financing choice.

Is Solar Worth the Cost in Your State in 2026?

Whether solar is financially worth it depends primarily on your utility electricity rate. The national average was $0.164/kWh in late 2025 per EIA data, but rates range from $0.10/kWh in Louisiana to over $0.30/kWh in Hawaii and parts of New England. Every additional cent per kWh shortens payback by roughly 6–8 months on a typical 7 kW system.

States With the Strongest Solar Financial Case (2026)

StateAvg Rate ($/kWh)Est. PaybackKey Incentive
Hawaii (/states/hi/)$0.38~6 yearsHigh sun + high rates
Massachusetts (/states/ma/)$0.297–8 yearsSMART program
New Jersey (/states/nj/)$0.187–8 yearsSREC market
California (/states/ca/)$0.278–9 yearsHigh rates, NEM 3.0
Arizona (/states/az/)$0.139–10 years5.5–6.5 peak sun hours

States with lower utility rates — Louisiana, West Virginia, Oklahoma — typically see 12–16 year payback periods. Solar still delivers lifetime positive returns in those states, but the financial urgency is lower. Roof condition, shading, and remaining roof life also affect whether installation makes sense now versus at your next re-roof. For homeowners on the fence, a strong net metering policy is the single biggest factor in whether residential solar pencils out. Getting three or more competing quotes reduces your installed cost by an average of 10–15% according to SEIA research — that step alone can shave a full year off payback.

Use our solar ROI calculator to model your lifetime return before you start reaching out to installers.

Frequently asked questions

Direct answers for US homeowners — sized for a 1,700 sq ft home.

A 7 kW solar system on a 1,700 sq ft home typically produces 700–1,050 kWh per month depending on location. At the average US retail rate of $0.164/kWh, that equals **$115–$172 in monthly savings**. In high-rate states like California or Massachusetts, monthly savings can exceed $250. EIA projects retail electricity rates will rise an average of 2.5% annually through 2030, so savings grow modestly each year. ### What is the solar panel cost per watt installed in 2026? The national average installed cost in 2026 is approximately **$2.70 to $3.20 per watt** for residential systems, based on NREL benchmarks and quote data from SEIA member installers. Smaller systems (under 5 kW) tend to cost more per watt; larger systems (9 kW+) often come in at the lower end of the range. Per-watt cost includes panels, inverter, racking, labor, and permits. ### Are solar panels worth it if I plan to move in 5 years? Possibly — research has found solar homes sell for 3–4% more on average than comparable non-solar homes, representing roughly **$9,000–$15,000 in added resale value** on a mid-sized system. If you sell before payback, that premium can recover a significant share of your net investment. The effect is strongest in markets like California, Arizona, and the Northeast where buyers are already familiar with solar ownership. ### Which is cheaper — a solar loan, solar lease, or cash purchase?

Popular utility companies

Solar rules and net metering vary by utility — not just by state.

Methodology & data sources

Calculation method: System size uses NREL PVWatts derate factor (0.82). Costs based on SEIA 2026 installed cost ($2.75–$3.20/W). Payback uses net cost after 30% federal ITC (IRC Section 25D). Savings assume full-retail net metering unless noted.

Official sources: EIA state electricity rates · NREL PVWatts · Energy.gov ITC guide · DSIRE incentives · SEIA market data · IRS Publication 5695.

All figures are estimates for educational purposes — not tax, legal, or investment advice. Consult a licensed installer and CPA for your situation.

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