In 2023, the average cost of residential solar systems in the United States stood at 3.39 U.S. dollars per watt. Although the cost of residential solar has slightly increased in the last three years, it is still less than half the average cost registered in 2010. The decrease in the cost of residential solar systems has contributed to the great increase in the solar capacity installed in U.S. households across the country.
Cost of residential solar systems in the United States from 2010 to 2023
(in U.S. dollars per watt)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
SEIA. (September 30, 2024). Cost of residential solar systems in the United States from 2010 to 2023 (in U.S. dollars per watt) [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1401509/cost-of-residential-solar-systems-united-states/
SEIA. "Cost of residential solar systems in the United States from 2010 to 2023 (in U.S. dollars per watt)." Chart. September 30, 2024. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1401509/cost-of-residential-solar-systems-united-states/
SEIA. (2024). Cost of residential solar systems in the United States from 2010 to 2023 (in U.S. dollars per watt). Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1401509/cost-of-residential-solar-systems-united-states/
SEIA. "Cost of Residential Solar Systems in The United States from 2010 to 2023 (in U.S. Dollars per Watt)." Statista, Statista Inc., 30 Sep 2024, https://www.statista.com/statistics/1401509/cost-of-residential-solar-systems-united-states/
SEIA, Cost of residential solar systems in the United States from 2010 to 2023 (in U.S. dollars per watt) Statista, https://www.statista.com/statistics/1401509/cost-of-residential-solar-systems-united-states/ (last visited December 18, 2024)
Cost of residential solar systems in the United States from 2010 to 2023 (in U.S. dollars per watt) [Graph], SEIA, September 30, 2024. [Online]. Available: https://www.statista.com/statistics/1401509/cost-of-residential-solar-systems-united-states/
