Price of 3 kilowatts of solar power

How much does a 3 kW solar panel cost?

On average, a 3 kW solar panel system costs $8,250, according to real-world quotes on the EnergySage Marketplace from the first half of 2024. However, your price may differ; solar costs can vary significantly from state to state. The table below should give you an idea of what you can expect to pay for a 3 kW solar panel system in your state.

How much energy does a 3KW solar panel produce?

If you want to learn more, check out our full guide to solar panel costs. How much energy will a 3kW solar panel system generate? A 3kW solar panel system in the UK will produce an average annual output of around 2,550kWh, if it's dealing with typical UK irradiance. This means you’ll usually produce roughly 85% of your system’s peak power output.

How much does a solar system cost per watt?

As of publishing, the average cost per watt is $2.84. Most solar companies set the price according to the solar system's wattage. A solar installation's “cost per watt” is a little like the “price per square foot” when you buy a house. It helps compare the value of solar energy systems in different sizes.

Is a 3 kW Solar System a smart investment?

Solar is a smart investment wherever electricity rates are high). With the help of PV Watts, we estimated the solar energy production of a 3 kW solar panel system in cities across the country: What can you power with a 3 kW solar system? A 3 kW solar panel system generates approximately 4,356 kWh of electricity each year.

What is a 3KW solar panel system?

A 3kW solar panel system has a peak output rating of three kilowatts, which means it generates 3,000 kilowatt-hours (kWh) of electricity per year in standard test conditions.

Can a 3KW solar system save you money?

The electric bill savings from a 3kW solar system varies widely from state to state. This is because your power bill savings depend on how much energy is produced and how much electricity costs. For example, if your 3kW solar system generates 415 kWh a month in Florida, it will save you about $46 per month.