Historic Low Pricing: Solar costs have reached unprecedented lows in 2025, with systems ranging from $2. 50 per watt installed, making the technology more accessible than ever before. Department of Energy (DOE) Solar Energy Technologies Office (SETO) and its national laboratory partners analyze cost data for U. solar photovoltaic (PV) systems to develop cost benchmarks. These benchmarks help measure progress toward goals for reducing solar electricity costs. . Solar panels generate “free” electricity, but installing a system still costs money. That price effectively drops to $19,873 after considering the full federal solar tax credit. Here we use the average yearly price for technologies 'Thin film a-Si/u-Si or Global Price Index (from Q4 2013)'. This data is expressed in US dollars per watt, adjusted for inflation. Federal Tax Credit Urgency: With Congress proposing to end the 30% federal tax credit after 2025, homeowners. .
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