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Average system costs = $95 per square foot. Average solar panel output = 10.6 watts per square foot. Average solar energy system costs = $8.95 per watt. In order to compare the solar energy costs to conventional hydrocarbon fuels, we must covert the $8.95 per into KWH.
So what is the current cost of residential solar power? As of early 2015, itâs approximately $3.00 per installed watt. The average sized solar panel system is 5,000 watts, so this brings the total cost to $15,000. That 15k figure is just an average amount.he effective rate for solar power spread across the life of a system is $0.08/kWh. The average cost for conventional energy is $0.12/kWh and rising. The price for solar panel installation will be continued to be updated on this page.