How Much Does a Solar Panel Cost?

Solar Panel Cost

On average, each residential solar panel costs $250 without installation, and $1000 for each fully installed residential solar panel. This cost represents the typical average for a solar system with residential or commercial panels. The total price includes engineering, permits or licenses required, labor and all the equipment and material necessary to put that system into service.


A full solar panel system comes in many sizes for both residential and commercial systems. Residential systems typically range from as little as 12 panels to even as high as 60 panels depending on a number of factors but primarily driven by how much energy that home consumes. A single commercial solar panel system could have over 1,000 panels and a solar farm may have over 10,000 panels.


For homeowners, a solar panel system is similar in costs to that of a car except that the solar panel system provides you tax credits and reduces your energy bills. Based upon each homeowner’s goals and specific home, Renu has helped thousands of customers determine the rights solar panel system for them. Please contact us for a free consultation.


Business owners have a wide range of commercial solar energy options that are primarily driven by the business owner’s goals and the current energy consumption of the business. Please reach out to our commercial team for a free consultation.

Why Renu

  • North/South Carolina Installer
  • Licensed Electrictians/Rooftop Technicians
  • Turn-key Company

With so many incentives to save money on your solar installation, contact us today to see how much you could save with solar!

Renu has installed over 4,500 solar systems since 2010, and is an expert in the solar industry. Specializing in industry leading customer service, Renu is. a turn-key company. Whether you’re just beginning to research your solar options or you’re ready to install a system tomorrow, Renu will be your smart. reliable. solar partner from the first phone call to installation and system energization.

Get Started on Your Solar Journey...

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