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In , most homeowners are paying between $. and $. per watt to install solar, and the average gross cost of solar panels before tax credits is $,. Using the U.S, average for system size at kW watts , solar panel cost will range from $, to $, after tax credits ..At the time of this writing, the installed cost of solar panels was between $ $ per watt A kW system would cost around $, $,. Many utility companies offer incentives, and some subsidize as much as of system costs.. Installing solar panels is a great way to save money, however, panel production, panel size and cost to find you the optimal panel for each .